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20 July 2024 | 8 replies
Buying a modular or mobile home first and then next move into a single family.Buying a home out of state only having to put 10% down can be used as a short term rental immediately then on the second year you refinance and transition into a investment you only need 85% LTV.The tough part is when a buyer purchases a single family home and then wants to buy a 2-4 unit and say they want to live in a unit.
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18 July 2024 | 3 replies
I got into a mobile home on 3 acres in suburb of Tulsa ok, the owner quit claimed deed to me and we signed a contract that I would rehab and sell at that time he gets $60,000.
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18 July 2024 | 29 replies
If it's the latter what's your issue with a mobile home?
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19 July 2024 | 13 replies
that describes the medium or the mechanism of the true underlying investing action.
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19 July 2024 | 12 replies
Properties, for novices, which look good on paper and have good cash flow usually come with C to D+ areas, risky tenants, and a lot of cap ex that you can't see on the internet (basements, roofs, water issues, outdated mechanicals).You are turning a terrible loss into a springboard which is great, but you are trying to move too quickly it sounds like.
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18 July 2024 | 1 reply
. - Types of assets with common seller carry potential include SFR's, Multi family (small balance) complexes, industrial or warehouse space, RV or Mobile home parks, storage facilities and vacant land.
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17 July 2024 | 1 reply
Despite being remote, I felt confined to my desk every day with little mobility, and the heavy emphasis on commission made it a rollercoaster experience.During a recent trip to the States (I'm Canadian), I had a realization.
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19 July 2024 | 23 replies
Unless you have a very high maintenance tenant or tons of old plumbing/mechanicals you can do really well by having an 'emergency list' of really good handymen, plumbers, hvac tech, etc.
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17 July 2024 | 2 replies
I've looked into motels, RV parks, mobile home investing, etc.
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17 July 2024 | 9 replies
., we have had a broken window (the locking mechanism), someone busted up the queen futon frame, someone took the waffle maker, beach towels go missing all the time, TV remotes gone, etc.People like to put stuff in places they think they should be.