Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Leveraging equity in a manufactured home?
Hi, I'm new to Bigger Pockets and looking to get started investing in the next year.
I know many people start with a HELOC or cash out refi on their home, but I currently live in a manufactured house in a park. It is paid off in full and based on local comps should be worth 50-60K, but since it's not real property in my state, I don't believe a HELOC can be taken out on it.
Does anyone know if there is any way to leverage this as a source for rehab costs if needed?