BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 year ago,
BRRRR Mobile home?
Hey everyone, I’m new here and looking to get into my first real estate investment. I can’t help be a little gun shy since “you don’t know, what you don’t know”
I’m eyeing a mobile home auction. Other than title and lot land fees, what are some other potential concerns? The community is 55+ and I’m 30 y/o but assume as long as my renter is 55 we’re good there. I know the park needs to run background checks and stuff but just assuming I’d go through that after I have winning bid and transfer of title.
Appreciate any insight!