Happy Hump-Day,
Well first let me give you an update; I have to tell you this. Of all the mobile homes I have bought and sold over the years very few of these mobiles have been sold solely via owner financing. Here’s the deal. When we structure these Notes or Options we are typically making the payment terms for 10, 15, and 30 years. (Times 12 payments a year!)
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So not only am I able to collect payments for years but the mobile home tenant-buyers rarely spend the entire Note cycle in the home. They move out and I raise the price and monthly cash-flow and sell the home again. I think that’s pretty cool!
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But this isn’t sad, quite the opposite. The Zacharas Family are great buyers. They have paid on-time for over the past 6 years and now only have 5 months to go. I would say I made my money back and then some. (Originally purchasing the home for $17,000. Sold for $53,000 over 6.9 years)
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I bought this home using ALL CASH! But it wasn’t my cash and I didn’t borrow it? I’ll show you how
I’m making a video right now that will teach you how to do just that. (It’s #2 in a 3 part eye-opening view of our business) If you are already signed up with MobileHomeInvesting.net you have already gotten the link. If you have not SIGN UP NOW FOR FREE
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Learn to attract money for FREE and become a better mobile home investor. CLICK BELOW:
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The above video is completely hype free… there’s enough bullsh** out there without me adding to it don’t you agree! Be talking with you soon
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Enjoy,
- John Fedro
Leave A Reply (3 comments So Far)
Bob Copshire
554 days ago
Just watched the video. Good stuff. interested to hear the next one.
Im pretty green can you tell me is it helpful to work with Realtors with mobile homes?
Bob
John
552 days ago
Hey Bob,
Ya Realtors are great sources for leads when buying and selling. Plus if you can’t buy a home you can always throw your Realtor friend a bone and get a kickback
Thanks for reading, John
Seattle Homes For Sale
501 days ago
Better to look for license and tested Realtor only.