Opinions on pre-HUD (built prior to 1976) mobile homes
Hi everyone,
I'm new to mobile home investing and I would like to get your opinion on purchasing mobile homes that were built before the HUD passed the manufactured housing standards in 1976.
The three possible outcomes for my first deal I see as either flipping the home, renting it out or financing the property as a 'lonnie deal'.
While I would feel comfortable flipping a pre-HUD home (as long as it passes an inspection) I'm not sure about holding on to a property that was built prior to 1976.
What are your thoughts?