Growing my MH Business

[Robert Burns]

There is one area I need additional ideas. I am focusing my MH business on "being the bank" and buying good, used mobile homes in nice MHP's
and selling them with owner financing. This has worked well and I have 3 now
and want more.

Where I need you help is understanding the best way to buy these MH's without
using any or just a small amount of my own money. For instance, I paid a total
of $37,000 in my 3 MH's with a ROI of nearly $100,000 in the 5 years I have them financed.

I am very happy with that, but I'd rather not continue to spend my own money to
acquire these MH's in that I must take the money from my investment portfolio
and incur tax consequences.

My goal is to have a total of at least 6 MH's under owner financing agreements
by the end of 2012.

Your ideas, feedback and suggestions are greatly appreciated.