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Updated over 1 year ago on . Most recent reply

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47
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Anthony Butcher
  • Orlando, FL
7
Votes |
47
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Buying a mobile home.

Anthony Butcher
  • Orlando, FL
Posted

Hi,

I am looking at buying land, and I came across a lot with 5 acres that has a mobile home on it. The mobile home was built in the 80s and looks like it just needs some love. 

I am thinking of buying to do a Brrrr. The property is a rural area asking 139k. There's lots of springs and rivers around, so potential Airbnb. 

Is it a good idea to rehab a mobile home, and what would be some red flags. 

Most Popular Reply

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9,861
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Eliott Elias
  • Investor
  • Austin, TX
5,552
Votes |
9,861
Posts
Eliott Elias
  • Investor
  • Austin, TX
Replied

The issue arises when refinancing. Most banks do not lend to mobile homes.

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