for the past few years I've been a single family wholesaler but in 2016 my goal is to take advantage of mobile homes. Because I wanted to know how is the financing for mobile home? Is it strict requirements? An can you get a small loan under 10k for mobile homes?
Account ClosedYou can get a personal loan for 10k or you can use some services like the landing club. Also, it is not very hard to find a owner occupied who can seller finance it to you.
@Andriy Boychuk sorry for the late response but seller financing we'll definitely be the center of my mobile home financing
Account Closed If you do it for some time, it would not be hard to find seller financing deals. You just need to learn your market and the ways to talk with your sellers. There is different culture in each park.
@Andriy Boychuk thanks for the info
@Andriy Boychuk hey, hope your having a great day. I was reaching out to you because I was wondering if you ever bought a bank owned/ for-closed mobile homes from a bank?
No, I did not. However, @John Fedro might. You should ask him.
@Andriy Boychuk thanks for that comment