Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

10
Posts
0
Votes
Shane Ayers
  • Real Estate Investor
  • Brooklyn, NY
0
Votes |
10
Posts

Adding double wide manufactured to lt

Shane Ayers
  • Real Estate Investor
  • Brooklyn, NY
Posted

Currently live in family-owned house with a very large lot. We've agreed to ut a double wide trailer in the back so that some of us can live there and give4 everyone some breathing room. Wondering what the implications and otions are here. I know manufactured homes can be financed but some lenders ma require that a foundation be poured, rather than it sitting on slab.  

My main concern is cashing out, as my money will be tied up in the double wide. If we get an appraisal after installing it, will it being on slab make a difference to the value and what sort of exit strategy is available here? Also, are the options for financing more restrictive than I think tey are? 

Bascially, what are the options here and are there any significant blind spots that I should be addressing?

Loading replies...