Steven Hershey
Good or Bad Idea? first time home investor in Booming Market
I have been very bullish on this market... I wanted to wait for the market to come down a bit to invest to get a good deal but I have found what I think are some pretty good deals and with my perspective on the market...
Jeff Macdonald
Financing mobile homes as an investment
Hey folks!In my home area, there is sizable number of affordable mobile (manufactured) homes on foundation (post 1977). As an investor, these properties seem out of reach due to the lack of traditional financing. I ha...
Terry Drake
Lonnie deal Forecloser/Eviction process
I have a few 'lonnie deals' and haven't had any problems yet as First payments are due April 1st but thought now is a good time to learn what to do should there be any problems getting paid.
For these mobile homes,...
John Paul Schreiner
Turing around a family owned RV/Mobile Home Park
My grandfather has owned a small mobile home park since the 50’s. It is failing along with his health. He has 13 metered pads with 8 currently being rented at $300 per month. He also has enough undeveloped land on the...
Lawrence Cox III
Should I keep, sell, refinance, or make extra payments?
Hello everyone,I will try and be brief.I am in the East Houston, TX area. I am 4 years into a fixed 30 year mortgage. I have a 5.875% APR with $107,500.00 left to pay. Original loan amount was 115k. Appraisal shoul...
William Armstrong
Newbie in Mobile Homes
Hi, I am a complete newbie to mobile home investing. I was wondering what do you guys aim for on your cash flow per pad? I know that it can differ around the country, but I just need a rough estimate to get a feel of ...
AJ Locke
How do I sell a mobile home on payments if I buy it on payments
Good Morning BP,
I have been flipping mobile homes for awhile. I am in Florida and if I wanted to buy using seller financing, how would I go about selling with seller financing when they are in a mobile home park. ...
Jordan Graham
Conversion of Mobile Home to Section 8 for Ultimate Cash Flow
Hello,I am very close to purchasing my first rental property and believe that I have potentially discovered the ultimate way to cash flow in higher priced markets. I know I already made some of you cringe with the tit...
Brandon Brown
So I just bought a mobile home park with a car loan..
Hey BP, I am excited to share my creative finance story on this deal I just wrapped up. So the mobile home park details are as follows:Purchase price: $110K13 homes, 2 lot rent and 11 park owned.(2 vacant units)City ...
Ryan Law
New Member From Metro Detroit
Hello Bigger Pockets community! My name is Ryan Law and I am a beginner (wannabe) investor! I am pursuing a full-time career in real estate investing because of the freedom of mobility, freedom of time, and ultimate s...