Purchasing a Trailer as an Investment Property

[Kyle Houlahan]

So a family friend acquired a 2,200+ sq ft. manufactured home on a 1.7 acre lot in Plant City, Florida. He has renovated majority of the inside of the property and has had a new A/C unit installed. The lot needs some clean-up and landscaping, but nothing major.

The owner reached out to me and mentioned that he was interested in selling the property and would let it go for $90k. From the comps that I pulled, I'm thinking the property could sell anywhere from $120k-$160k. 

Two issues though.

1. I have not been able to find a lender who provides investor financing on a trailer. I could scrape up the cash to purchase it outright, but I really don't want to extend myself that much.

2. I have no idea how difficult it is to sell a trailer. Can the average buyer get financing for a manufactured home pretty easy? Does anyone have any experience in selling mobile homes/trailers? If I was confident that I could sell the property relatively quickly, then I would be more inclined to just purchase it in cash.