Posted by Philly Dave on October 27, 1998 at 08:52:37:
Hello, Elton and Lonnie:
I just read Elton’s post, and I’d appreciate knowing what the relevant considerations are in such a deal and how this one turns out. It would be great if you’d post your responses for all to learn from. Thanks!
Posted by ELTON ALLEN on October 27, 1998 at 08:27:31:
LONNIE,
I have some questions for you. I was listening to you from the convention, and I have found a park just like you described (the one that your daughter Janice bought). The sellers are very motivated! It has been on the market for over 1 1/2 years with NO offers or lookers? They are asking $400,000 for 39 lots. About 7 are vacant (with no homes on them. I would like to structure this deal as a NO MONEY down situation? Email me… I have some specific questions for you? Thanking you in advance…