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
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
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 about 8 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Thomas B.
  • Darlington, SC
3
Votes |
12
Posts

Mobile Home Refi Question

Thomas B.
  • Darlington, SC
Posted

A little background - 

My personal residence is a doublewide mobile home. I'm in South Carolina. It does not have a title and is classified as real property. I own this property free and clear. I am thinking of doing a cash out refi or a HELOC on it to get some cash for investments. The property is probably worth 110k.

My questions - 

Does anyone know a lender that will do a cash out refi on a mobile home?

Is it a bad idea to pull money out of a primary residence for investment purposes? 

Most Popular Reply

User Stats

641
Posts
316
Votes
Andrew R. Lucas
  • Investor
  • Columbia, SC
316
Votes |
641
Posts
Andrew R. Lucas
  • Investor
  • Columbia, SC
Replied

I believe Arthur State Bank will do the mobile home as long as it is deeded. 

  • Andrew R. Lucas

Loading replies...