Re: HELP! Potential Deal but need guidance - Posted by waynepdx
Posted by waynepdx on July 11, 2002 at 22:37:21:
I am about to order Lonnie’s stuff but in the meantime I am looking at manufactured homes to become more acquainted with them. I do not make offers on them but I am getting good education in the process.
I got a call on one of my ads about a mobile home.
They wanted 5k and were interested in selling on a note.
I went and checked it out, they also said it was in ok shape.
Well If you consider a place that was practically falling down then it would be okay.
I have one basic rule when I buy and sell houses.
Would I live in it?
Dont get me wrong, growing up my family lived in some pretty scuzzy houses so I am not too picky.
But this place was disgusting.
If I wont live in it, then I wouldnt expect someone else too.
The entire time I was looking at it, the only thing that came to mind was Dr. Whistler. What would he do?
Well I know he would say, you give me 2k and I will take it from you. Then pay the 1k for demolition and walk away with a quick 1k.