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Updated almost 5 years ago on . Most recent reply

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Melanie Lyke
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Selling My First Mobile Home

Melanie Lyke
Posted

I’m starting my mobile home investing journey and have a quick question about titles I’m hoping you can help me with.
Some parks don’t allow rent-to-own/subleasing and require owner-occupied only. For these types of parks, would you suggest giving the buyers the title but putting a lien on it through the DMV?

Thanks in advance for your responses!

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Melanie Lyke
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Melanie Lyke
Replied
Originally posted by @Rachel H.:

@Melanie Lyke I would go with what you feel comfortable doing. If the park(s) you're talking to do business a certain way and you don't feel comfortable with it, you may want to start talking to some other parks just to have options. Good luck! 

Thank you for that! That's really good advice. It feels like it's taking forever to get started but I do understand the importance of finding a good match because it may be a relationship that lasts for several years. Thanks again for the perspective!

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