Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

512
Posts
338
Votes
Jeffrey H.
  • Houston, TX
338
Votes |
512
Posts

Permanent Foundation for FHA Loan - Land Home Deals

Jeffrey H.
  • Houston, TX
Posted

I have a mobile home on land that has the axles removed, tied down, and towing gear removed but not sure if this is enough to sell to a Buyer for and FHA loan...

Has anyone had to go through the process of certifying that their mobile home is on a permanent foundation prior to finding a suitable buyer?  Any pain points or pre-work worth mentioning to lessen the pain?

Your experiences appreciated...  @Curt Smith

Most Popular Reply

User Stats

4,340
Posts
4,246
Votes
Greg H.
  • Broker/Flipper
  • Austin, TX
4,246
Votes |
4,340
Posts
Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

I have moved several over the last few years via FHA with no problems. I bought them from HUD so they already had a case number and had been sold via FHA previously . USDA, VA and FNMA do not lend on MH so being able to go FHA is very beneficial in obtaining a retail price. Owner financing,cash and portfolio banks are doable but limit your pool of buyers or the flexibility of your cash

  • Greg H.
  • Loading replies...