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 4 years ago,

User Stats

16
Posts
0
Votes

Manufactured Home - Investment?

Posted

Good Morning BP Community, I hope everyone is doing well!

I just came across a FSBO manufactured home on Zillow that was built in 1998 and is listed for $65k. I have been perusing through previous threads that briefly covered this topic. I wanted to get some additional thoughts from those who have much more knowledge/experience in this space. From what I gathered, manufactured homes will generally depreciate. This home was recently renovated (Brand new kitchen and Bathroom, Flooring, Painting, ETC) and has 2 beds and 1 bath.

I am currently a renter, so my initial thoughts were to potentially occupy for one year by qualifying for a low down payment and then rent out once the year is over. What are some thoughts on this? Can Financing be an issue?

Also, the description did mention that there is a lot fee, but did not specify the amount. Does this mean that someone owns the land? 

Thank you so much in advance and any other information would be greatly appreciated!

Best,



Loading replies...