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All Forum Posts by: Account Closed

Account Closed has started 22 posts and replied 163 times.

Post: Developing a mobile home lot

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

Setting up the utilities is the most expensive part of this endeavor.

Post: Has anyone ever bought and flipped a mobile home?

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

I have bought and sold many manufactured homes with and without and. I primarily fix and flip them. Reach out if you have questions.

Post: Converting land and manufactured home into one entity

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

I'd contact a real estate attorney.

Post: Fannie Mae Homestyle Renovation Loan

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

Did you end up getting the loan?

Post: Mobile Home Dealer's License in Florida

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

In Colorado, you don't need a lot to show homes  We run a virtual dealership.

Post: Mobile Home Wholesale deal

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

I'm not a big fan of 2/1s. You definitely should talk to the park, dealers, etc. Look on MHVillage too at active and sold listings.

Post: How can i get a HELOC on a rental property?

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

I have a HELOC on each of my manufactured home with land rentals. You need to hunt down a local credit union that is willing to think outside the box. That's what I had to do.

Post: New to BP! Suggestions?

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

@Natalie R.

I would strongly suggest that you read about all the real estate niches on BiggerPockets over the next few months and find one that aligns with your short-term and long-term investment and life goals. Each niche has pros and cons and it really comes down to which one you are most passionate about. I prefer manufactured (mobile) homes with land personally. I have found that once I knew my "WHY" I was able to focus on one niche that checked off all my investment criteria. Also, in order to avoid the shiny object syndrome, I have sought out "superstars" that I can joint venture with in other niches that take the lead on the deals. This way, I learn from them and make money, but I stay focused on my investment niche, manufactured homes with land. I hope this helps. Welcome to the BP community!

Post: Buy and Hold Mobile Home Investors: Are you out there, and are you successful?

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

@Rudolph Shepard Jr - Finding reliable contractors, agents, and property management companies. I'm locating deals, but building the team of boots on the ground has been a challenge.

@Sharon Powell - Thanks - I've pm'd you.

Post: NC Investor-Friendly Real Estate Broker

Account ClosedPosted
  • Investor
  • Broomfield, CO
  • Posts 187
  • Votes 54

I'm an investor looking to find an investor-friendly real estate brokers throughout North Carolina.