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Updated almost 7 years ago,
brrr with mobile homes in portfolio
Hey has anyone acquired a portfolio that includes mobile homes. There is an opportunity to purchase a portfolio of 6 total properties 3 units on one parcel and 3 on another parcel all on the same piece of land, however 3 of the units seem to be mobile homes. They are all rented and it looks like there could be a decent cashflow from this acquisition however my concern is that when I would try to refinance out to get my cash back, that the appraisal could be lower based on the mobile homes, has anyone faced anything like this before....I know this sounds a bit crazy so any info would be most greatly appreciated and if there is any additional info you need from please let me know thanks