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Updated over 7 years ago,
What is the best way to finance mobile homes for rentals?
What loan has the best advantages for purchasing and setting up mobile home properties as rentals?
I have conventional built homes that I rent that have no mortgage, I could refinance these to get money for this.
I could get a home equity loan.
I could get a loan against these new properties but I have heard there is a higher interest rate and harder to get these loans (less people offer these loans for mobile hoames.
I know there are a lot of things to consider and a lot of options.
Your thoughts are appreciated., Joe