Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago,

User Stats

15
Posts
10
Votes
Kennesha VanBurch
  • Rental Property Investor
  • Maryland
10
Votes |
15
Posts

Mobile Park Home Purchase Question - Lot Rent

Kennesha VanBurch
  • Rental Property Investor
  • Maryland
Posted

Hi all - Hubby and I spotted ONE manufactured home for sale in a MPH not too far from us. The listing notes a lot rent of $759. Would we be responsible for a mortgage payment (about $600) AND the lot rent payment? Or do homeowners only pay the mortgage? We are trying to run the numbers to determine if this is a good investment; however, we first need this point clarified. (We are new investors, so let me know if we are misunderstanding something here).

Loading replies...