All Forum Posts by: Medellin Heel

Yea I was thinking about 40k. I think I will wait until i get 100k to be on the safe side. 

Wondering what you guys thought would be a good amount of capital to realistically start flipping houses as a full time job. Assume no debt and good credit.

ps, I am an American living abroad at the moment. So I would be able to relocate to any city in the US. 

Thanks

It seems to me this might be a better investment than SFH's ect. What is a general range for how much these things cost ie low - high? Also, what is a general range of income?

Other thank BP, what are some other great resources online for learning about investing in mobile home parks? 

Thanks

How much is your total monthly payment for your 90k Charleston property?

What is the typical mortgage amount on a 100k loan / 20% down / 30 year note? Safe to say about $600 dollars?

Yes I am American. Good to know it's realistic.

What is the best way to find these type properties? Considering i'd be abroad and only back stateside probably for Christmas and summer.

Will be looking for the best deals for optimal ROI. Everything will be fair game.

I am just curious what exactly I should be searching or aiming for and what is reasonable with my budget.

I actually live and work overseas. So I am open to any area, city, or market. Plan on hiring a pm.

How hard are these type properties to find?

3 or 4 plex

$100 - 150k

With rents of $350-500 dollars

What should I be aiming for price wise and expected rent wise considering I will have roughly $20-30k to put down as a downpayment?

I see. hmm darn