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Updated almost 13 years ago on . Most recent reply

User Stats

588
Posts
224
Votes
Shawn Thom
  • Investor
  • McKinney, TX
224
Votes |
588
Posts

Exit strategy for mobile homes

Shawn Thom
  • Investor
  • McKinney, TX
Posted

What are common exit strategy's for mobile homes? I am seeing some fairly cheap mobile homes w/land in areas I frequent.

Are people still doing owner finance? I didn't know how much the safe act messed that up.

Do many do straight rentals? The ones I am seeing are low $20's including the land...and can maybe rent for $650-700 and don't appear to need much work, although I haven't done a lot of DD yet. These $20k deals are ones I have found without doing much searching or any marketing. I am sure I can find them even cheaper with some work.

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