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Updated over 4 years ago,
Mobile Home Investing
I have been looking at a mobile home park in my area. Tax assessor shows 14 lots on the property but when I drove by I can see that only about 2 of them have tenants. All the homes are 60’s-80’s model and would need rehabbed. I’m wondering if I got one of the homes and rehabbed it would a bank give me a refinance so I can use that money to rehab another? What’s the best strategy in a situation like this?