Mobile Home Park Investing
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 4 months ago,
2nd Delivery of a legacy home, 9 more to go!
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.