Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 18 days ago, 11/09/2024
Seller Finance Deal I need opinions on 55+ community
Hello, I am going to go look at a Mobile home trailer this morning in St. George. It comes with the land so no lot rent but there is an HOA. I can get this to cash flow, albeit only $75 it is still cash flow and in a largely appreciation market. It is in a 55+ community so my concern is that I would only be able to choose tenants from certain demographic. Would this be a deterrent for the seasoned investors? I know mobile homes can sometimes need more work than a stick built home. I am considering this because it is seller finance, low out of pocket and it would get me in a market that is expanding rapidly. Thank you for any input.