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Updated almost 6 years ago on .

Marti Stanford's profile image
Marti Stanford's profile image
Marti Stanford
  • Rental Property Investor
  • from Orlando, FL
  • Member since Apr 15, 2019
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User Stats

7
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1
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Marti Stanford's profile image
Marti Stanford's profile image
Marti Stanford
  • Rental Property Investor
  • from Orlando, FL
  • Member since Apr 15, 2019
Connect
Marti Stanford
  • Rental Property Investor
  • Orlando, FL
1
Votes |
7
Posts
Starting Out

Leveraging equity in a manufactured home?

Marti Stanford
  • Rental Property Investor
  • Orlando, FL
Posted

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?

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