All Forum Posts by: Deborah Townsend

so sorry for some reason this posted twice/

I read all of these post and now I have a question hopefully someone will answer. I am looking at three homes in the same area that are prefab( mobile home) on a permanent foundation in a park around a Marine Corps base. Most of the homes there can rent anywhere from 750 to 1100. a month. The three I'm looking at are going for 40 to 45,000. The tax record for them all are $78,000 to $112,000 this seemed like a win/win to me. I live in a buyers market, selling is hard because they come and go every three to four years. But they are building brand new homes all around that they are selling for 139,0000. Are this homes going to be worth my time and money?Any comment will helpful, Thanks for your time

I read all of these post and now I have a question hopefully someone will answer. I am looking at three homes in the same area that are prefab( mobile home) on a permanent foundation in a park around a Marine Corps base. Most of the homes there can rent anywhere from 750 to 1100. a month. The three I'm looking at are going for 40 to 45,000. The tax record for them all are $78,000 to $112,000 this seemed like a win/win to me. I live in a buyers market, selling is hard because they come and go every three to four years. But they are building brand new homes all around that they are selling for 139,0000. Are this homes going to be worth my time and money?Any comment will helpful, Thanks for your time

I agree with you Mark. I was very interested in what you and Lew had to say. Then for some reason it went a whole different way where people were judging others. Im sorry for all. I would like to talk with just you and Lew, as others are way too judgmental for me.  God Bless all

Nice, I am really enjoying watching this great find come together!

Welcome Bryan . You have come to the right place. Start reading the forums and go to the Learn area on here. Good luck and again you have come to the right spot. There are a lot of people who will help ou with any question you have. read the ebook also. 

I live in a military area where we are having a new  House construction boom, they are selling the new home for 139,000 to 190,000. We have plenty of housing that are just sitting in foreclosure, or up for sale because the military  move in and out every 3 to 4 years. its a buy and hold market but with the houses going so cheap the military are just buying the new homes. no one wants to buy the old ones. I would love  to be able to buy and rent to those who can  not afford to buy a house, my problem is I do not have the kind of financing needed to buy and hold.I have my first deal of taking over a va loan with her still holding the title and me renting her place out. we have an option to buy it in two years. I'm happy with that one, I guess my question is... Is it something that is going to bite me if I buy and rent.There are many poor couples around who cant afford to pay the mortgages of the Marines that are leaving. most only make minimum  wage. We have many houses around going for a deceit price. I could rent a lot of them for around 550 to 700  and still make some money.  Funding is a problem too as I don't have a lot save. If there is anyone who can help me with this please advise. Thanks so much for your time. I am looking for people to connect with also. 

I live right next to the beach its just 3 miles away. I am looking for a place in the mountains now. there is a condo for sale right now if your interested.you could rent it out when your not there. just a thought. Insurance is high but it's really pretty on the beach here. Have a great day, Lets keep in touch.

Welcome to the site, my vote would be NC, we have everything , beaches, mountains,big cities ,small hometowns... It really nice here!

Just saw a vacation rental I thinking of buying so glad this forum is here now. Thanks you