Has anyone converted a office trailer to a residential trailer?
I would love to hear from any investors who have experience in owning a trailer park (land only). I am considering one that is advertised as a 10% cap rate, listed at $720,000 with 12 pads that are all rented at $600 ...
Hi BP Family, I am considering a purchase of a trailer park. There are 4 park owned trailers and 2 privately owned trailers. This is in NY.
Could it qualify for residential loan since only 4 are park owned?
Or wou...
I was told that some lenders may not refinance trailers house due to the quick depreciation. I’m planning on moving a trailer house onto an acre of land and refinancing it for a cash payout. Would this be a bad idea?
Would you help me analyze a trailer park deal?Its a 22,475 square foot lot with 2 occupied trailers (rent payments are $450 and $600). One double wide paying lot rent at $50 that conveys after the owner passes. One em...
Has anyone in here developed their own trailer park?
How do you find trailer park lots and are they easy to obtain a loan for purchase?
Hi All, I have my first small MHP under contract in Eastern Oregon. It is currently 21 lots and a mix of older mobile homes and some trailers. It's not a real great layout and the lots are odd sizes. They range from 3...
We are interested in purchasing a mobile home park. There is one near us, but has 15 spaces and 12 units are owned by the park. This concerns me. I am not sure how easy to remove a unit or sell a unit.
Investment Info:
Mobile home buy & hold investment.
Purchase price: $140,000
Cash invested: $20,000
This purchase is a trailer park and a commercial store front located next to the Griffiss and T...