Would you owner finance a home in a mobile home park?

[Larry H.]

We do owner financing. We typically own a home, then find an end buyer and provide the financing.

I am trying something different and told someone to go find the house they want, and I’ll buy it for them at a discounted price, and seller finance them at market value.

The home they found is a nice mobile home in a community that charges lot rent. If he were to not pay the lot rent, would I still have first lien position on the home?

I think my way around this is to require it to be paid into escrow and the service company pay it, but I’m still curious if anyone has any experience with this.

Thank you in advance.