There are lenders that will refinance a mobile home so you might be able to pull some equity out of it but being completely honest with you it makes no sense to get a loan that way when you can just liquidate it and not owe anything.

I drive over to see her property, it was a Mobile home that needed some work and it sat on ¼ acre.

Damages for unlawful cutting, removal or burning of timber; misrepresentation of property lines."

As a tenant during my college years, I was burned more than once by ****** landlords.

Is my mobile university and business partner.I too am based out of South bend so we should definitely touch bases.

Do you need like land lord insurance if your tenant burns down your house or something?

To make matters worse even though it’s 5 acres, the “house” is actually a mobile home that has a rocked in base/skirt.Anyway the owners told us that they’d be glad to sell it for only what they owed, approx. $55k.

Have seen a lot of colleagues use Mike Renz at Renz & Associates for these before purchasing Mobile Home Parks nationwide and does very high quality work.A Phase 1 will run you ~$2,000 and a Phase 2 would be $10,000+ and 90 days.  

@Dean Harris sounds like you have a good thing going, but watch out for burn out.  

or is the double wide in a mobile home park?