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I found a home at a great deal, but was told it can't be financed because its a modular home set on a block foundation.Anyone have any idea how this property could be financed. Its on 5 acres with a few outbuildings. ...
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Hello there! Greetings from Bothell, Washington. We bought an empty land last year near our primary residence. The lot is 0.76 acre. There are lots of trees on it and some area is nature sensitive area. The surroundin...
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I will be brief. I have a mobile home built 1973 (before the big HUD changes) that has what can only be described as a house built around it. It has a brick "skirting", a 2x4 exterior wall (that wraps around the met...
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Twenty million Americans live in mobile, or manufactured, homes that offer affordable housing, particularly in rural parts of the country. Typically older and poorer than traditional homeowners, manufactured homeowner...
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I work for a manufactured home lender and we're looking for more funding as we expand. I was speaking with someone in the finance space and they suggested a hypothecation loan. After looking in to it, it seems like a ...
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Hello!
I'm new to the BP Community-- interested in buying my first deal in an expensive market (SF Bay Area).
The general strategy I'm thinking of is this:
1) Buy an empty lot (they go for around $75 a sq foot in ...
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I’m currently in escrow on a home that I want to eventually rehab and flip. It is considered a manufactured home even if it’s on permanent foundation on the title. What can I do through rehab to change status that it’...
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Hi All!I recently became involved in the mobile home park industry with a new partner who has been doing it for a few years. As we are fixing up the parks and selling manufactured homes in spaces, we have been using s...
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Is it more challenging to get a mortgage for a low cost primary residence mobile home than it would be for a traditional grounded structure? I ask because I'm looking into buying mobile homes and then offering owner ...
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Hi All,Im looking at a duplex that 1 unit a traditional house and the other unit is a manufactured house. The seller want cash offer, because they think buyer can't get a conventional loan because of the manufactured...