Title loans on mobile homes
Hi,
An individual came to me recently looking to borrow $500 and he has a free and clear mobile home. I told him I would let him borrow the money if I could put a lien on his mobile home.
Anyone know exactly how to do this. In addition, this gave me a good business idea. Title loans on mobile homes (you see them all the time for cars why not mobile homes). Any see any potential problems with starting a mobile home title loan company?
Thanks,
Dustin