^^That's really cool and I'd like to hear more about your travels and investing opportunities that you found.I'm really focused on MHPs (Mobile home parks) at the moment, so I'm not looking at other investments other than to learn and increase my knowledge of international real estate investing.

The agent says this is because there are very few agencies willing to rent out to townhomes. so few competition => premium is high. in addition he says you don't get multi-insurance discounts on second property. 

Hey BP fam, I came across a mobile home lead that is in a park here in Norfolk,  Virginia and trying to figure out how to work it.  

thank you all for the welcomes, and I am using the website from my mobile,  so that may be while I can not properly tag anyone. 

They also dont want to take this loan in a LLC because it was meant for the secondary markets - mortgage backed securities - Fannie Freddie only accept living trusts and personal names (no LLC's/LP's/Scorps/C-corps/land trusts/etc).Why would they want to take this loan in an entity unless if they are going to sell the note they spent all their time on (human labor/hours) underwriting it to FNMA/FHLMC standards and now because of one silly mistake (funding in a LLC) they have to sell it on the scratch and dent market at a greatly reduced market value or break even and or loose money on it instead of making the average 150-300 basis points on this paper.So it makes perfect sense not to allow LLC/entities on agency paper.

Im looking to purchase and rent out mobile home in Laurel Md.

Im looking to purchase and rent out mobile home in Laurel Md.

Im looking to purchase and rent out mobile home in Laurel Md.

Hi,I sold a mobile home and financed it to the buyer.

Don't let a lender tell you that they can do something that the agencies will not allow.