Mobile Home Move

Posted in Mobile Home, Uncategorized | Comments Off on Mobile Home Move

37 Manufactured and Mobile Home Communities near Leesburg, FL

Posted in Mobile Home | Comments Off on 37 Manufactured and Mobile Home Communities near Leesburg, FL

Lonnie Scruggs

Posted in Mobile Home, Uncategorized | Comments Off on Lonnie Scruggs

Mobile Home Makeover and Flip, Without The Makeover

Posted in Uncategorized | Comments Off on Mobile Home Makeover and Flip, Without The Makeover

WHY LONNIE SCRUGGS’ MOBILE HOME PARK DEALS DON’T WORK FOR ME

Posted in Mobile Home | Comments Off on WHY LONNIE SCRUGGS’ MOBILE HOME PARK DEALS DON’T WORK FOR ME

Lonnie deals $2,700 – Mobile home

Posted in Mobile Home, Uncategorized | Comments Off on Lonnie deals $2,700 – Mobile home

Lonnie Deal – Mobile home buy/rent

here is a strategy that can work. It’s nicknamed a “Lonnie Deal” after an investor named Lonnie Scruggs who developed/refined and popularized the idea. (I’m sure you can look his stuff up online; he’s got a couple of self-published books on the strategy.) Basically, it involves an investor buying a mobile home cheap for cash. Then the investor does whatever rehab is needed, then sells it on terms to someone else. Here’s a real quick example: You find a mobile home that you can acquire, all cash, for $6,000. You put $2,000 into fixing it up. You find someone who wants to buy it. Your terms: $2,000 down and $180 a month for 7 years.

The buyer pays the lot rent.

Sound reasonable? You, the investor, are into it for $6,000. (You put $2,000 into rehab, but got that back as the downpayment. $180 a month for 7 years repays an $8,000 loan at 20,49%. So the price you’ve charged the buyer is $10,000, $2,000 down, 20.49% interest. (Watch out for any state usury laws.)

But it gets better (for you). Remember: You’re only into the deal for $6,000. But you’re getting a return on an $8,000 mortgage. What’s your return? You’re getting $180 a month for 7 years on a $6,000 investment. That’s a 32% return on your $6,000.

What makes the deal work? Lots of folks selling mobile homes will take a deep discount for cash. And lots of buyers can’t afford all cash. They’re looking for affordable terms. The “sweet spot” is being in the middle. Buy low with cash; sell for more on terms.

And what makes it so attractive for investors? It’s not just that you’re getting a good return on the sales price, but that your investment (thus, ROI) is less than that sales price.

That’s how you make money by purchasing a mobile home.

Posted in Uncategorized | Comments Off on Lonnie Deal – Mobile home buy/rent

Why isn’t everyone buying and renting mobile homes($2k-$6k)? what am I missing?

Posted in Mobile Home | Comments Off on Why isn’t everyone buying and renting mobile homes($2k-$6k)? what am I missing?

Mobile Home Investing

Posted in Uncategorized | Comments Off on Mobile Home Investing

Món canh dưỡng sinh và trị bệnh

http://gaolut.vn/nau-an/mon-canh-duong-sinh-va-tri-benh-296.html

Posted in Uncategorized | Comments Off on Món canh dưỡng sinh và trị bệnh