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All Forum Posts by: Drake Ivy

Drake Ivy has started 2 posts and replied 4 times.

Post: Interest rates on mobile homes

Drake IvyPosted
  • Posts 4
  • Votes 0

@Reid Kurtenbach Cool, thanks! Ill check it out

Does anyone know who I need to go to to handle the Dodd/Frank Act so I can do owner financing for mobile homes? I live in Texas, preferably anyone in the DFW area

Post: Interest rates on mobile homes

Drake IvyPosted
  • Posts 4
  • Votes 0

@Reid Kurtenbach Cool, thanks. Now how do I calculate that? So for instance if i sell a mobile home for 5,000, how would i calculate the interest into the monthly payment?

Post: Interest rates on mobile homes

Drake IvyPosted
  • Posts 4
  • Votes 0

Hi my name is Drake, im 16 years old and just getting started in mobile home investing. My first question is whats the formula for setting up interest on selling my first mobile home? Any advice would be appreciated, thanks!