Hi, I'm planning to start investing in mobile homes. At first, I want to purchase 1 mobile home to fix and flip to learn the process. I have a few questions and would love to connect with others who have experience wi...

I am active duty and currently stationed in Jacksonville NC.

People interested in this type arrangement probably don’t have access to $150,0003.

There are so many great people and resources throughout BP that will be great to build a foundation and continue you learning.

You can tell him the people on BP think it's not a good idea. 

Understand you have great equity position but it is expensive, but more importantly  takes a lot of time and very distracting from other money making activities to foreclose.

I’ve seen people buy land thinking water was covered only to find out they had to pay 6 figures to get water re-routes or upgrade pump stations.

I'm not sure if the program is still going on, but has definitely revitalized a lot of the area when it was once destined to follow the way of other older cities that are aging out of existence both in terms of people and property. 

The contractor will give you better pricing the more you use them, some GCs increase their price, but those are the ones you would like to not use (side note, of course with inflation you need to pay your people right, but it needs to be reasonable).

Pricing in DFW probably means you wont live rent free,and will have to pay your fair share of normal rent, but you also get 3 more people contributing to your loan paydown and you get to keep the appreciation.Buy hey...maybe I'm wrong....go talk to a local bank or credit union near where you live and get a term sheet from them for financing.