I’m about to start investing. But my budget seems to only be covering mobile homes. Is that something that you guys work with or do you generally stay away from mobile home flips. Thanks Everyone. 

Originally posted by @Jared Ford :

I’m about to start investing. But my budget seems to only be covering mobile homes. Is that something that you guys work with or do you generally stay away from mobile home flips. Thanks Everyone. 

Jared,

I believe there's a mobile home podcast here on Biggerpockets.

I have not done mobile home BRRRs before but I suppose, depending on the price, it might make sense. For example, one problem I can see with mobile home BRRRs is the refinancing part. Most lenders have a minimum with the mortgage they can give - like $50K minimum.

Also, don't let limited cash hold you back from investing in houses. There are creative ways to get deals with little cash out of pocket. You can research that topic here on BP and that has been talked a lot here. 

I appreciate the insight. I'll continue to look into it. Thanks @Michael Ealy

@Jared Ford - You can definitely do the BRRRR strategy with manufactured homes with land. There are more and more lenders willing to lend on them as long as they are considered real estate.

We have a 10 unit park under contract currently. Our plan is to add a few more used trailers to the park, rehab them, then rent them out. I can do 4 or 5 trailers for the cost of one SFR and make 4 or 5 times the cash flow so why not! It's a pretty cool niche that we are looking forward to diving into.