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Updated over 9 years ago on . Most recent reply

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201
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Orlando Paz
  • Investor in the making
  • Orlando, FL
49
Votes |
201
Posts

Dodd Frank Questions

Orlando Paz
  • Investor in the making
  • Orlando, FL
Posted

I was wondering if anyone had any tips or advice on dealing with the Dodd Frank laws?... I’m not too savvy about the details of these new laws, but it seems to be a huge hassle from what I have read so far.

Taking the annoying Dodd Frank regulations into consideration, how is the rent for a mobile home being determined?

According to an older publication of “Deals on Wheels”, There are tax advantages to selling a mobile home as a lease option versus financing it. Again, I realize this may now be an issue with good ol Dodd Frank, but was wondering what other’s out there thought about the two strategies. 

Most Popular Reply

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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
3,920
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6,088
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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied

Hi 

@Orlando Paz

Dodd Frank and the SAFE Act has made some obstacles, but there are work arounds.

http://www.biggerpockets.com/blogs/3/blog_posts/39...

Mobile homes and Lonnie Deals are difficult right now, but read

@Curt Smith 

@Ken Rishel

@John Fedro

It is not simple with Mobile Homes, but rent to own can work.  Read these posts.

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