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  1. M

    Need advice on how to close mobile home deal..

    REAL ESTATE 
    i am trying to do what lonnie says.. if i buy it for $3k and try to sell it for a profit and carry financing, I would have to sell it for $8k and $202 for 48/mo, otherwise it is not worth it for me just to carry financing @12% interest here is what the numbers would look like: Length of Loan...
  2. M

    Need advice on how to close mobile home deal..

    REAL ESTATE 
    My neighbor just lost her house and is asking me to find her a mobile home and finance the place for her.. I found a single wide and they are asking $4500.. They have been trying to sell for 6 mo and no luck.. I'm pretty sure I can buy it for $3k.. So I want to take my neighbor to see...
  3. M

    I've Read The Millionaire Fastlane!

    GOLD! HOT! 
    I'v read the book.. Gotta say it cleared up alot of things that were a little fuzzy for me. I just wish you gave a little more details on what you did to build your limos website to be so successful.. any tips would be great! Thanks for the book, well worth my time and money!
  4. M

    Investing outside of home area

    REAL ESTATE 
    Well im pretty new to mobile home investing, but i was wondering who has done deals outside of their home area? how would you go about doing a deal without being there? I want to purchase a mh lot about 500 miles from home(There are no condo lots in my state) just wanted to see how much is...
  5. M

    55k to invest

    Im a general contractor. I work on commercial and residential all over the northwest and hawaii.. mostly new construction, but have done alot of remodels lately.. It is something that i want to get out of, running a company and a couple of crews all over the northwest, doesnt let me spend time...
  6. M

    55k to invest

    finally we are getting somewhere.. i will check them out! Thanks hey come over and we can spend it on beer and hookers! :)
  7. M

    55k to invest

    Thanks, i just need some ideas.. something that i havent heard of before.. i dont expect a return in 3 weeks, i just need to invest the money somewhere so i can take it out from under the mattress :) what is your top investment yielding you annually?
  8. M

    55k to invest

    I dont want to invest in the market because im not comfortable with it.. i cant control what the stock will do.. you have control in real estate.. My monthly take home is around $7k, my only debt is $120k mortgage at 6%.. my credit score is around 740... my cars were bough for cash and all my...
  9. M

    55k to invest

    savings account is the fastlane?!?! didnt think so!! think about it, i had enough financial knowledge to get this much cash at my age.. then im gonna be stupid and lose it all to scammers?!?! do you think i would invest in anything, unless i thought it was completely legit?!? like an offer i...
  10. M

    55k to invest

    The 55k is money that i want to invest.. i have another 20k that is for everyday expenses.. i have money invest in stocks, but they have been doing so poorly in the past year and just started climbing back 4-6 months ago.. but i am still in red.. I would rather not invest in the market.. thats...
  11. M

    55k to invest

    i have 55k cash burning a hole in my pocket and i cant seem to decide where is the best place to invest.. iv been trying to find some mobile homes, but cant seem to close on any deal!!! i have 3 weeks before i have to start working on my next remodeling job, so i want to invest somewhere and...
  12. M

    Hello

    thanks for the warm welcome
  13. M

    Mobile Home / Trailer Investing - Interview

    REAL ESTATE 
    i couldnt post a link of the deal earlier.. its a 1986 fleet 14x66 mobile home that needs some major repairs that i will do(im a contractor) the mh park is shutting down and wants a few mobile homes move.. they are giving them away for free! i just have to pay moving fee and find a new park...
  14. M

    Financing a car

    well after trying to work something out with the buyer.. i decided to not go through with it! he did not agree to let me pull his credit and said that he is layed off, only his wife works.. so i figured thats too much risk to deal with.. i have another buyer who said he can give $4000 down...
  15. M

    Financing a car

    what do you think of him going through bankruptcy.. i dunno much about how bankruptcies work, but would he be able to buy the car then sign bankruptcy and stop paying?
  16. M

    Financing a car

    Re: Finaning a car i have $8000 in it and i found out it cost $300 to repo the car.. i would require him to carry full coverage insurance and will be the lien holder on the title
  17. M

    Financing a car

    here is the deal im currently working on.. selling a car for $9000 with $1000/down and $325/mo for 30 months.. i have a buyer who has a bankruptcy in progress and wants to buy this.. he said that they both work and have good monthly paychecks... doesnt have anything else as collateral...
  18. M

    Mobile Home / Trailer Investing - Interview

    REAL ESTATE 
    it will not let me post a l-ink till i get 10 posts
  19. M

    Hello

    my full time home is in oregon.. i live here 6 months out of the year.. the other 6 months out of the year i work on out of state projects, commercial and residential mostly on maui and castro valley, ca..
  20. M

    Flipping Mobile Homes

    REAL ESTATE 
    lonnie said in his book that he buys 10-20 year old mobile homes.. and calls them cheapo deals(3-5k).. a 20 year old mobile home in my area goes for around 15k.. i dont consider that a cheapo deal.. i dont want to spend that much on my first lonnie deal.. does anyone here buy older mobile homes...

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