So I'm looking to buy a triplex using an FHA loan. It is currently fully rented out with all leases renewed until june-july 2018. FHA requires that we move in to the property within 60 days. The current owner doesn't ...
I was wondering if anybody had any ideas on where to get financing on a manufactured house thatwas built in 1972. Anything pre 1976 seems to be really difficult in getting a loan on due to the fact that he did not st...
I've never done a mobile home deal, but I found a motivated seller. How do you comp Mobile Homes? I have checked the park rules on tenants restrictions, and basically I could lease option it to the end buyer. I'm t...
Hello All!Loving this forum, thanks for all the info. I am currently considering a deal on a very small park as a way to test if MHP's are going to be for me or not. Based on everything I have read and heard, it seems...
Found a foreclosure 1,800 SF Modular on 5 acres). May be able to purchase for 40K. I can get a private loan for 36K. I have a buyer that is willing to pay 60K for the house if I will finance for 30 yrs with 10% down. ...
Hello BP crew, I am looking into buying a mobile home court and was wondering about the type of financing people use. My bank will only give me a 5 year ARM with 20% down. Wondering what others may have done.
Thanks
Can anyone give me a pointer on how to find a deal? I'm a bit of a noob here, but the rational me might assume that if a park is listed on public sites such as loopnet.com, that they might not be a deal at that point....
I have a property in downtown Rochester where a building burned and have cleaned it out. I want to make a sunken garden in the old basement and have one or two food vending trucks or trailers (on the grade level). T...
My father bought a single wide trailer back in 2008, lived there for 4 years and decided to move across town, from Grovetown to Augusta Georgia. In doing so, he advertised his trailer for rent and decided ultimately t...
Hi everyone, I have a quick question I hope someone can help. I found a distressed property owner, Regina, who a few years ago entered into an agreement with a guy, we'll call him Mike. Regina agreed to sell the prope...