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Updated over 4 years ago,
Personal residence question
Hello I’m a very new investor and am currently working on a house flip. I am 21 years old and am looking to marry my amazing girlfriend in the not so distant future. I’ve really been struggling about what to buy as our personal residence. We are considering a mobile home/trailer park home. In my opinion it will take less work to keep maintaining. I Also see it as saving a lot on furniture. I’m thinking it will keep my dept ratio much better too. In my market there is no duplex available and I also like the idea of my trailer home not being directly connected to my neighbours unit. If a duplex comes up it sells over 300000 all day. I understand there is park fees to be in a park but do the pros out weigh the cons. What things should I be considering in this deal