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Updated over 3 years ago,
How banks see ARV on mobile homes
Hello
From what I understand, with no experience in real estate investing, mobile homes only depreciate and that banks don’t see them as having any increase in value after repairs. Is this true? I would like to begin my real estate investing career with them and am trying to figure out if I should expect to either have to do owner financing with my buyer after I make repairs or expect to target cash buyers.
Thanks