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Updated almost 11 years ago, 01/12/2014

User Stats

123
Posts
17
Votes
Jose Garcia
  • Investor
  • Hampton Roads Va
17
Votes |
123
Posts

First deal with a mobile home

Jose Garcia
  • Investor
  • Hampton Roads Va
Posted

BP,

This deal was just thrown on my lap with a mobile home. They want me to assume the loan which its 456 a month then the Lot rent is 350. I've never dealt with a mobile home and not too sure about any horror stories. I see some people purchase the mobile homes for less than 10k. What do I need to keep a look out for? Or for the experienced investors in the mobile home can you shine some light before I make any decisions? Thank you any advice is greatly appreciated

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