Mobile homes have a stigma here as well.
Stigma or no stigma, if it is making dollars, who cares! Right?!

In terms of topic ideas, here are my thoughts:
I know that you touched on this briefly, however, I think it would be interested for readers to know how specifically you exit from these mobile homes. If it is through a lease option, what is the term of the lease options, conditions, etc.

Regards,
Neil.
.-= Neil Uttamsingh´s last blog ..What is emotional investing? =-.

I always thought the lending requirements ironic. If you can find a lender to lend you money on a mobile home the home better be less than 20 years old and you better have 20% down. And almost forget about lending to a mobile in a park.

Absolutely, Owner financing is the greatest thing since sliced bread… in my opinion. I’ve never been to a conventional bank to purchase a mobile home on land or in a park.

Thanks for your comment!

- John

I’ll most defiantly keep it up! let me know if you need any topics covered. I don’t want to run out of idea to write about.

“Rent to own”/” lease option” your right all the same.

- John

Great post about your experiences with mobile homes. I can remember years ago, when I despaired of ever being able to afford a house, I looked into mobile homes. It was so discouraging to find out that the borrowing requirements were more stringent. It certainly looks like a great opportunity to do something with owner financing as you describe.

Liz
.-= Elizabeth Bolton´s last blog ..Concrete Buildings In Cambridge =-.

I really liked how you explained your specific experience in this article.
To my knowledge, there are not a lot of Canadian real estate investors (I am Canadian) investing in mobile homes.
As such, I don’t come across many investors who do this. Because of this, I find this content very interesting, as it is all new to me.

In some respects, it seems similar to what we call here rent to owns. I think in the States, you guys call it lease options.

Either way, great article J Fed. I hope to see more of these from you.

Best Regards,
Neil.
.-= Neil Uttamsingh´s last blog ..What is Social Proof and how does it work? =-.