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Updated almost 6 years ago,
Financing Mobile Homes - Best Strategy?
Looking at investing into some mobile homes but struggling with the financing of them. Most lenders will not touch them and have gone to local banks to look at options but if a unit is over 30 years old they will not touch it. Any one have a creative way to get financing on them?
Also - any insight as to how they hold their value over a specific time? I'm concerned that once a unit is 40+ years old, they essentially become worthless.
Thanks,
Steve