Skip to content
Mobile Home Park Investing

User Stats

122
Posts
16
Votes
Jose Garcia
  • Investor
  • Hampton Roads Va
16
Votes |
122
Posts

First deal with a mobile home

Jose Garcia
  • Investor
  • Hampton Roads Va
Posted Jan 11 2014, 08:48

BP,

This deal was just thrown on my lap with a mobile home. They want me to assume the loan which its 456 a month then the Lot rent is 350. I've never dealt with a mobile home and not too sure about any horror stories. I see some people purchase the mobile homes for less than 10k. What do I need to keep a look out for? Or for the experienced investors in the mobile home can you shine some light before I make any decisions? Thank you any advice is greatly appreciated

Loading replies...