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Updated almost 3 years ago,

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4
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Alex Adamsu
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4
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Mobile homes investment

Alex Adamsu
Posted

I live in an area that is growing significantly. There are at least 5 new housing developments being built right now.  I feel like based on where I’m at financially and experience it a little late to invest in this area.  However I do see the surrounding area to be a great opportunity.  I currently own and rent out one mobile home.  I see four lots of land in a mobile home park i would like to purchase and put mobile home on to rent.  On average each lot is going for 10k.   I estimate I can put a mobile home on each between 8 - 10k.   I have 10k saved and 730 credit score.  What the best way to finance the deal ?

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