My favorite vehicle for creating notes is used mobile homes. But if you don't like mobile homes, learn this concept and use whatever vehicle you do like. This is the way I do it with mobile homes, and I haven't found anything better in all the years I've been investing. There are now over eight million mobile homes in existence. There were 340,000 new homes produced in 1995.
Mobile homes are the only affordable housing left for many people.
But the new ones are too expensive for many who want to buy. That's why there is such a huge demand for inexpensive used mobile homes with seller financing . These homes are 10 to 20 years old, single wide, already set up in a park and can stay on the lot. I simply buy the home for a cash wholesale price, resell it at a retail price and offer to finance the sale with a reasonable down payment. My selling price is at least double what I have in the home.