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All Forum Posts by: Michel Mahler

Michel Mahler has started 1 posts and replied 1 times.

Mobile Home Park Investing

Post: Can I compete with parks when they are offering financing?

Michel MahlerPosted
  • Posts 1
  • Votes 1

I've been bitten by the mobile home investing bug and would like to get started. The types of homes I'm interested in are those that can be purchased in the $5k and under range and be sold over the next 3-5 years at a significant profit. F.S.B.O. Inventories seem rather low, almost non-existent. 

I've been studying the markets in my area but several mobile homes for sale appear to be for sale by parks who will finance themselves. If parks are willing to finance properties themselves, is there still a decent market in markets like this to be able to make mobile home deals on contract?

1 Vote