Mobile home squatter junk yard park. I'll take it.

This is my latest deal, a "mobile home park". Its really a junk yard for one guys stuff while his friends squat in abandoned shacks.

But its mine now. The deal is complicated but not really. Basically my offer was a set price but with enough in escrow to clean the property if he failed to do so in 45days after closing. He won't make it. Then if he wants more time is 2500 the first 30days past and progressively more expensive till 10k a month.

All that in escrow and IF he uses every bit of time I will only pay 70k for this property that is worth 400k as is.

Most of my deals that make me BANK take a LOOOOONG time to put together and lots of creativity to make it all work. But its worth it when you get to be the owner of your very own squatters camp!!

I will reposition the property (200k) and cash out refi for 950k in 1yr. Paying me back and putting 300k in my pocket and cashflow....FOREVER!!!

(evil laugh here.)