All Forum Posts by: Melissa K.

Thank you all so much for all of your info and help!

I am interested in purchasing a mobile home and then selling it and providing owner financing.  How do you investors prepare your loan documents?  Do you have an attorney or loan officer prepare them?  Typically, how much does this cost?  Any help or ideas is greatly appreciated.

Thank you all so much for all of your advice.  I greatly appreciate it!

I live in FL.  I understand that if you buy and sell more than one mobile home a year you need a dealer's license.  I have been reading over the requirements.  It seems pretty simple, however, it does say that I need to have an office approved by the DMV.  Can this be a home office?  I don't intend on having people come to my office/home.  I just spent about 45 minutes on hold with the DMV and another 20 minutes on hold with the tax collector's office and don't have an answer.  I was wondering if anyone here had experience in this area.  Thank you for your help!

Thank you all so much for the helpful info!

Hello!  I am just wondering if anyone can recommend any books on rehabbing mobile homes.  I am interested in getting involved in flipping real estate, however, with the amount of money I have available, I feel that I would have more success with lower end properties.  I know that there is money to be made here in FL with MHs, however, I don't know much about them.

Hello! I am interested in fixing and flipping houses, however, at the time, I do not have money for a down payment. I have read a ton of info on line stating that hard money lenders will lend on the ARV. I read on this site yesterday a discussion where people were saying that hard money lenders require a down payment. Which is correct?