All Forum Posts by: Alex Adamsu

Thanks for the options ! 

No, I live in a family owned property.  I’m think about buying one at a time and using an unsecured line of credit to complete the purchase or use my brokerage account to secure it.  I just don’t want to lose out on the opportunity 

I would be able to rent each home for 725 on the low end each month  

I live in an area that is growing significantly. There are at least 5 new housing developments being built right now.  I feel like based on where I’m at financially and experience it a little late to invest in this area.  However I do see the surrounding area to be a great opportunity.  I currently own and rent out one mobile home.  I see four lots of land in a mobile home park i would like to purchase and put mobile home on to rent.  On average each lot is going for 10k.   I estimate I can put a mobile home on each between 8 - 10k.   I have 10k saved and 730 credit score.  What the best way to finance the deal ?