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Updated over 10 years ago on . Most recent reply

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280
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68
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Jordan Archer
  • Rental Property Investor
  • Stuart, FL
68
Votes |
280
Posts

Do I need permission to BUY a mobile home in a 55+ community?

Jordan Archer
  • Rental Property Investor
  • Stuart, FL
Posted

Hey BP Mobile Home Investors,

I found a good deal on mobile home that's in a 55+ community. Do I need to get permission from the community manager in order to buy AND SELL the property?

Thanks!

Jordan

Most Popular Reply

User Stats

62
Posts
37
Votes
Harold Anderson
  • Investor
  • Hubbard, OR
37
Votes |
62
Posts
Harold Anderson
  • Investor
  • Hubbard, OR
Replied

@Jordan Archer 

I don't see why you couldn't buy it and move it if that makes sense.  And 55+ parks need to have a certain percentage of owners 55 or over.  You may be able to talk a manager into letting you rent(the lot) from them, especially if they know you'll be reselling the home.  

If you leave the home in the park, you'll need to get permission to rent the lot.  And your buyer will need to be acceptable by the park.

Harold

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