Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 5 months ago on . Most recent reply

User Stats

737
Posts
619
Votes
Logan M.
  • Investor
  • Provo, UT
619
Votes |
737
Posts

2nd Delivery of a legacy home, 9 more to go!

Logan M.
  • Investor
  • Provo, UT
Posted

Filling vacant spaces in your communities can be a huge pain!

We were able to get financing through Legacy Homes, the terms are roughly 10 years with a fixed rate of 7.9% for the first 2 years then Walstreet Journals Prime plus roughly 4% (Kinda pricey after two years potentially), 10% down which covers the home, taxes and transport.

I have a third home coming in tomorrow and then I will stagger them out. 

The biggest challenge I have right now is choosing a company to set up the homes they are all so expensive. I highly suggest though if you have spaces to fill talk to Legacy Homes. The interiors are not as nice as my Tempo Homes by Clayton but the financing is a game changer.

  • Logan M.
  • Loading replies...