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Updated about 10 years ago,
Natalie KolodijPoster
Tax & Financial Services
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- Charlotte, NC
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Trying to buy mobiles to remodel and rent- parks only allowing owner occupancy though?
Hello,
I am in the Seattle area and new at real estate. Because wholesaling is so hard right now due to our booming house market we decided to switch strategies and look at buying a mobile to rent (so at least we have some cash coming in).
We have called on a few (in Washington state and some in Florida) and it seems as though a lot of parks require owner occupancy. Does any one have more information on this? Is there a loophole- is it law or park owner preference?
Thank you!
Natalie
Kolodij Tax & Consulting