Posted by Carey_PA on December 17, 2000 at 09:43:05:
In my opinion you could probably buy a few singles for that $8.5k. BUT on the other hand, if I had the cash and KNEW I could turn around and sell that doublewide for $25k right away I would consider it. BUT, if I couldn’t get that much from it or even if I could, I’d have to take into consideration that that is a large some of money to buy a mobile home that I’m not use to doing and it could be a little risky…are you sure your going to be able to find someone to buy for 25K, etc? How long is it going to take you to recoup your cash from the deal?
This is NOT a typical lonnie deal that’s for sure, but hey IF it makes you money and you know what your doing I say go for it!