mobile home deal

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Posted by nik on November 01, 2009 at 17:56:24:
Hey everyone, I've recently read "deals on wheels" and went searching for deals. I found one that is a real fixer, located in a very nice park. The lot rent is about $600, and homes similar in the park are for sale in between $40000 and $50000. The home needs new flooring in the washroom, carpet in both rooms, paint, furnace fixed, has no ac, shower faucets, toilet, flooring in bathroom, vanity/mirror, lights/fan, paint outside, needs to be leveled, needs some drywall, sink/faucets in kitchen, and a few other small repairs. She is selling the home for $5000. I figure it needs around $1000 in repairs. And I plan to finance it like lonnie suggests.
What do you guys think? Should I do it?

Follow Ups:

Re: mobile home deal joe--ga 08:53:16 11/03/09 (1)

Re: mobile home deal joe---ga 12:20:35 11/03/09 (0)

just curious Anne_nd 07:23:42 11/03/09 (0)

Re: mobile home deal Dave (WI) 21:04:48 11/02/09 (0)

Re: mobile home deal John T (WI) 10:26:02 11/02/09 (2)

Re: mobile home deal Celeste-fl 18:56:43 11/02/09 (0)

Too easy to overspend fixin' John Merchantjj 18:48:11 11/02/09 (0)

Re: mobile home deal Darrel F. Smith 22:56:52 11/01/09 (0)

Re: mobile home deal Brenda (OH) 18:09:05 11/01/09 (2)

Re: mobile home deal Nik 19:10:43 11/01/09 (1)

Re: mobile home deal JeffB (MI) 13:30:13 11/03/09 (0)

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