Posted by Jeff on February 04, 2002 at 20:29:31:
Hi Abdul! I am in the same boat with funds… but I do highly recommend that you order DOW. Also, if you can afford it, the Carleton Sheets info offers tons of ways to creatively finance things. I just made a post where basically I am asking for partners in a potential deal on a group of mobile homes and land. Sheets speaks highly of partners but I don’t know if this would be the best way to go on just one MH. Out of curiousity, since the ad has been running for a month, the seller may becoming more motivated. Why not just call them and ask them if they would be willing to hold a note on the home and sell it to you this way. This might give you a chance to go ahead and acquire the home while trying to find the funds to pay-off the note. If nothing else, the Sheets course along with DOW has taught me to try almost anything. The worst thing that could happen is the seller could say “No!” but at least it might open a dialoge where you may be able to discuss other options with them. Good luck!