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May 25, 2012, 10:40:10 AM

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Real Estate Investing Forums  |  Real Estate Investing  |  Commercial, Mobile Homes, Self Storage, Notes, Land Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Bill of Sale for a MH « previous next »
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Author Topic: Bill of Sale for a MH  (Read 1424 times)
ARamirez
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« on: February 05, 2005, 07:42:31 PM »

Ok for those of you who may know....

I need help figuring out how to complete a MH deal when the owner has only a bill of sale and I intend on financing and reselling the home once I purchase it. Can I just sign a purchase agreement (like in Deals on Wheels) to buy and then sign a sales agreement (also in Deals on Wheels) to sell?

A more experienced person dealing in the sale of used mobile homes mentioned something briefly about him always selling using a bill of sale for business purposes so that he is not considered a retailer.

This makes me think that by selling using a bill of sale is a way someone like us investors can pass along ownership of the MH without ever recording our names as an owner. Kinda like when I remember buying old cars where the previous owner had given the current owner a title with his signature to release it and then he would never get it switched. Then I would sign it after buying it and that guy would never be known as an owner of the vehicle.

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Abel B. Ramirez II
MHSolutions.biz
REI Noob - 2 deals purchased, 2 completed.
Dallas, Texas
214-529-5626
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Real Estate Investing Forums  |  Real Estate Investing  |  Commercial, Mobile Homes, Self Storage, Notes, Land Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Bill of Sale for a MH « previous next »
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