Finding cheap mobile homes

[Francis Dai]

Thanks to this particular forum I've started taking a good look at the mobile homes around me, something that I previously missed.

My question: how do you find mobile homes at 70% of market value? I'm fairly knowledgeable about the options for single family residences, but I'm clueless when it comes to mobile homes.

How does the foreclosure process look like for mobile homes? I haven't seen any mobile homes in the courthouse foreclosure auctions I've attended. For that matter, I don't recall seeing them in the Notice of Default and Notice of Trustee Sale lists, either.

So, does anyone have any experience doing direct marketing to mobile homes?

Any tips regarding finding and buying motivated sellers of mobile homes in general, would be greatly appreciated.

[John Fedro]

Francis,

Welcome to the group! mobile home investing definitely has its advantages and rewards.

Everything Alex said was spot on. Might I also recommend looking for and mailing to mobile homes with back property taxes concerning homes attached to land and not located within a mobile park. this has always been a winner for me.

- John