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All Forum Posts by: Dylan McClung

Dylan McClung has started 2 posts and replied 4 times.

Post: Investing out of state

Dylan McClungPosted
  • Hendersonville, NC
  • Posts 4
  • Votes 0
Hey guys, So I am looking for my first investment property and so far I haven't found a great deal in my current location (Hendersonville, NC). I am looking at using a FHA loan to get into a small duplex-quadplex. I have found a few options that are more affordable out of state. I know there are a lot of negatives about investing out of state, but can y'all give me some specific things to look out for? Also are there any positives to investing out of state? Looking forward to learning from your responses.

Post: Mobile home park investing.

Dylan McClungPosted
  • Hendersonville, NC
  • Posts 4
  • Votes 0
Matt Szura not so far from any conventional banks or lending due to my lack of experience and no previous deals. The only way I have found so far is to partner up.

Post: Mobile home park investing.

Dylan McClungPosted
  • Hendersonville, NC
  • Posts 4
  • Votes 0
Paul Smythe Thanks for your reply. That's what I was thinking from the research that I've done so far. Obviously no property is ever void of responsibilities, but I believe MHP is a good choice so far.

Post: Mobile home park investing.

Dylan McClungPosted
  • Hendersonville, NC
  • Posts 4
  • Votes 0

Hey guys, 

I was curious about investing in a mobile home park in NC/SC area. I am new to real-estate investing and I'm looking at MHP's to start investing in. I work full time so I'm looking for something that I can jump into with lower maintenance issues and not having to worry too much about toilet calls in the middle of the night, or leaking roofs. If I understand correctly, any park owned homes will by my responsibility to manage and maintenance. It seems that MHP are a good fit for my job and my personally available hours. I am also interested in where to find financing for mobile home parks. If you all have any suggestions or advice, I would be very grateful to hear them. Thank you for your time.