MH or renting to buying option,which is best and why

MH or renting to buying option,which is best and why

Sarasota, FL · Member since 2014 · 20 posts · 1 vote

Hi, like to know which one of this is better for bigger in real estate, rent to buy option, or buying  and holding for  renting mobile home and why?

Thank yo for all ur help.

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  • Investor · Box Elder, SD · Member since 2014 · 228 posts · 43 votes
    12y

    @Fernando Nova Are you asking which is the better option to persue?  Rent to own vs buy and hold and collect rent?  Not real sure which is better.  I think the rent to own type really appeals for alot of reasons BUT with the new laws and Safe Act you are pretty much out of luck to legally do the rent to own unless you have a company qualify the buyer.  I am not too knowledgeable with the new laws and safe act.  But from what I have read on here, that option is mostly out now due to the new laws.  Maybe something else will chime in.  

    If the numbers work out for Buy and Hold then maybe pursue that route.  I am doing just that with my current mobile home I bought.  I plan to just hold  on to it and collect rents.  Should have my investment back the 1st year.    

  • Sarasota, FL · Member since 2014 · 20 posts · 1 vote
    12y

    hey, thank for your great. I was looking in to buying few  mobile home,but I'm not sure about the value holding on long enough for me to make my  money back and some profit.  Any good advice  is well about MH.

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