A great way to get into the buy and sell or even just the investing business can be buying and selling (or even renting) older mobile homes. These are homes in the late 70's into the 80's and even 90's in some cases. They can be single or double wides.
I can typically get these from anywhere between $2,000 to $10,000 and sell them for at least double that with seller financing or a lease option offered. I have even found a few buyers who will pay me cash up front to buy the home from me for double what I paid for it. So if you have a little bit of money, even a credit line or two, or a few friends with these, you might consider investing in these properties.
I have never had to worry about the traditional closing costs that you see with real estate. In fact the fees are very minimal, because we are buying personal proeprty and not real property. A mobile home on leased land is considered personal property.
Do some research and find out if this is a viable option in your surroundimg areas!!! It might be a great way to start building wealth.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125