Manufactured Homes on Land - Flip Financing?

[John Rogers]

I am from Florida... the State with the single largest concentration of manufactured homes on land.

There is a huge inventory of homes available in the 15K to 70K range. What they almost all have in common... they need to be rehabbed, their is a definite upside for resale and money to be made, and for the resale, there are mortgage lender who will write a mortgage for an end user, owner occupant.

These should be a perfect low cost, point of entry for new investors that don't have deep pockets, and offer a low risk entry point into investing.

The difficulty here has been in finding lenders who will provide purchase and/or purchase & rehab loans on this particular type of property.

If you know of a lender, I would happily share it with investrs that favor this type of property.

Thanks,

John Rogers