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Updated almost 4 years ago,

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4
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2
Votes
Kelly Beck
2
Votes |
4
Posts

Purchasing Mobile homes cheap and remodeling

Kelly Beck
Posted

Newbie here....we haven't even purchased our first property. We had been looking into SFHs but now have discovered the lovely world of mobiles homes as rentals. I've been reading through many posts about not to purchase a mobile home for more than $15,000. So many that I see in that price range (targeting eastern panhandle of Florida) would need to be almost completely gutted. With just getting started and not a lot of cash on hand, is it worth it? We're thinking about trying to find owner financing options to get us started that do not need so much work then when we get the cash flow increased to maybe look more into remodeling much less expensive ones. Also, any great books/blogs on mobile home rental recommendations would be great. Thanks!

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