Mobile Home Investors Needed

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As an active real estate investor who has been investing in mobile homes for the past decade, I have come to the realization that the one of the single greatest advantages of investing in mobile homes for long-term profit is the ‘Lack’ of affordable bank financing for qualified buyers.

Let’s start from the beginning.  A mobile home is located on land you own or on land that is rented, typically known as a mobile home park.  Either way, a mobile home sits on a piece of land and is lived in by an end-user.  Like middle to lower-end traditional homes, there is a huge segment of society that is in desperate need of ‘affordable’ housing.  Mobile home buyers want the same things as traditional house buyers; a clean and safe home in which to raise their families and grow old.

As if it was not hard enough to secure financing before the housing market collapsed, in today’s market, mobile home financing is undeniably scarce unless the mobile home you intend to buy is almost new, you have land in which to give as collateral, and/or don’t mind borrowing money at a 12% or higher interest rate.

This lack of bank financing for qualified buyers is putting a halt to the general public being able to buy mobile homes, and a virtual halt to all current mobile home owners being able to sell their unwanted properties.  Although not as common as bank loans, mobile home buyers may still purchase mobile homes with all cash because one does not need bank financing if buying with all cash.

Just because mobile home financing is gone dry does not mean that the mobile home buyers have gone away.  Families that would not have considered owning a mobile home five years ago are now happily moving their families into mobile homes.  Mobile homes today are built to higher and higher standard while still retaining their affordability.  A 3 bedroom, 2 bathroom mobile home can cost only a fraction of the cost of its 3/2 block or frame counterpart.

There are millions and millions of eager and qualified mobile home buyers still in the market waiting for a home to be sold with seller held financing.

You can be the bank!

Remember you won’t be lending any money, you are simply agreeing to finance the terms of the sale.  So much money down and so much cash per month for the next 10, 20, or 30 years sounds like a retirement plan to me.

As real estate investors one of our jobs is to be the middlemen and women of real estate.  We hold the knowledge that finds sellers, structures terms, and negotiates deals to then pass onto our buyers.

Know before going in to the mobile home market that the majority of the sales (both buying and selling) will be structured with owner/seller financing.  This is the perfect formula for purchasing with little to no money at closing.

Let’s be honest, the mobile home market has yet to really explode.  If ‘mobile home investing’ was as big a buzz-word as wholesaling, REO’s, or short sales, we would not be having this discussion; the market would already be saturated with investors.

Up to this point the mobile home market has been relatively quiet, with the same big investors dominating the market.  It is only now, thanks to the digital age and with the greater freedom of education online that the masses are seeing the financial benefits to adding mobile homes to their arsenal of real estate investments.

Happy Investing,
– John Fedro

About Author

John Fedro

Investing since 2002, John started in real estate accidentally with a 4-bedroom mobile home inside of a pre-existing mobile home park. Over the next 11 months, John added 10 more mobile homes to his cash-flowing portfolio. Since these early years, John has gone on to help 150+ sellers and buyers sell their unwanted mobile homes and obtain a safe and affordable manufactured home of their own. Years later, John keeps to what has been successful—buying, fixing, renting, and reselling affordable housing known as mobile homes. John shares his stories, experiences, lessons, and some of the stories of other successful mobile home investors he helps on his blog and YouTube channeland has written over 300 articles concerning mobile homes and mobile home investing for the BiggerPockets Blog. He has also been a featured podcast guest here and on other prominent real estate podcasts, authored a highly-rated book aimed at increasing the happiness/satisfaction of average real estate investors, and spoken to national and international audiences concerning the opportunities and practicality of successfully investing in mobile homes.


  1. Great article John! You’ve inspired me to take this seriously and I’ll be buying (sharing the details as well) on my first property at the end of the month thanks to private lenders. It’s pretty amazing how with 2 or 3 of these deals that you can get your monthly expenses covered so fast. (IF you’re a college student)

    The end goal is to buy MH Parks as the bigger players have already done, where you can truly control all aspects and dominate the playing field.

  2. Peter,
    We all can’t wait to here about your deal! You should post it here in the BP mobile home forum for everyone to read. And mobile home parks are great too, many of them owner finance-able too! cha-ching!!!! 🙂

    – John

  3. Thanks for the great article John. I hear there are some great deals to be found in mobile home investing and will be looking into the opportunity myself. Thanks again for the great information on the subject!

  4. Mobile homes have always been a sleeping giant where home ventures are concerned. Many investors leave this market unnoticed. This could be either intentionally ignoring the said market or are just not looking properly. And, yes, you are right about many people easily qualifying for a mobile home due to the absence of a requirement most regular mortgages have–an affordable bank financing.

  5. I am actually looking for a buyer for my 3bd 2bth single-wide manufactured home which is 12 years old and in AWESOME condition. I am still making mortgage payments on this home and am looking for someone to refinance it under their name. Any suggestions?

    • Hi Judy,

      Email or private message me directly about your mobile home for sale. There are a number of options you may or may not have but I’ll need to know much more. I may also be able to connect you with some local investors in the area if this alternative method is needed for sale. In the email to me please list the condition, address, your asking price, assessed value, if the mobile home is inside a park or attached to private land (park info if applicable). There is more I will need to know before giving any suggestions but I will be happy to help.

      Talk soon,
      John Fedro

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