I'm betting that we see prices increase for next 2-3 years while the area continues to gentrify and then there will be a strong correction.

However, the lot has a single family house and a mobile home..

Your best bet is to value it like a credit card debt, and you know how discounted those are.Maybe someone else can chime in.

But really, there are going to be a lot more numbers involved with this investment, so the best bet is to start off the conversation with a lender.In the meantime, do a little research to see what your homes might be worth and what you could potentially rent them for.

I bet, other people get hooked up on this as well due to watching BP Ytube There are plenty of good info and really interesting people on BP but since it's a commercial site, I expect there would be some payment for promotion 

To find out if you can get a second you'll just need to call around to some Colorado banks and see if they'll allow it. 1stBank is usually a good first bet since they do more portfolio lending and may be able to work something for you.

Hi, I'm from California I wen to the housing development to start my dealers license they told me I have to have  four years college and experience in planning and development, then they will look at my application then qualify me. is there a better way to invest in mobile homes? 

I have dealt exclusively in manufactured/mobile/trailer housing mostly due to what I consider to be excellent cash flow and low pricing which makes it easy for a guy like me to get into.

But getting a PM is probably your best bet, especially since you're long distance.

There are other drivers; including the growing number of jobs in Newark, but the commute is key IMHO.3.In light of 1 and 2 above,  some neighborhoods are are better bets vs. others.