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All Forum Posts by: Debra Nolan

Debra Nolan has started 3 posts and replied 3 times.

Post: How do I find a mortgage loan originator?

Debra NolanPosted
  • Greensburg, PA
  • Posts 3
  • Votes 0

I am investing in mobile homes and I want to use the exit strategy and offer seller financing, but as we know the Dodd Frank law makes that difficult,

I want to find a mortgage loan originator to work with.

has anyone tried to find one and if so what's your suggestions.

Hi everyone,

  I am trying to learn about how to set up a personal property trust to put my properties into and am looking for some direction.  

First:  how do I set up a trust?  

Second:  do you have a standard for to use?

What is the process for when I sell the property that I have placed in a trust?

Do I still need an LLC?

thanks for your help !

Post: Getting Started in MHP - Seller Finance

Debra NolanPosted
  • Greensburg, PA
  • Posts 3
  • Votes 0

Hi all,

 newbie trying to get started in MHP investing.  I have been reading and learning as much as I can via books, forums, podcast, etc but I am stuck on the one thing that is stopping me from getting started - Financing 

I'll be honest - I don't have the downpayment, I only have a HELOC that I could use in the range of $200k - $250k.

My goal is to generate income of 2-3k/mo.

What advice would you give to start ? should I limit my goal to a MHP valued at that range or use the HELOC as down and capital investment monies?