Background: I paid $370k for a 4bdr 2 ba in April of 2021 and got THE last short-term rental permit in the city. My mortgage is 1,700 per month and YOY I just did 54k (May 21' to May 22') in total revenue. My home is ...
Hey everybody, I'm wondering if there is any conventional mortgages that will lend on a property that needs work? I'm able to do 20% down no problem but don't want to be under the pressure of a hard money loan and oth...
I am currently analyzing a deal in Idaho that includes 5 manufactured homes that would be owned by me and not the tenants. The numbers seem to work but I do not know if there are other things I should be factoring int...
Hello,I'm a reasonably new investor(got one rental) and I have been offered to get in on a deal(s) through a trusted family member. His niche is very different from what I am familiar with, so I'm having some trouble ...
Hi everyone,
I'm new to mobile home investing and I would like to get your opinion on purchasing mobile homes that were built before the HUD passed the manufactured housing standards in 1976.
The three possible outc...
Good evening BP. I have invested in a mobile home in the Zellwood Station 55+ community and it is going to be placed on the market any day now. I understand it is hard to get conventional financing on a mobile home, ...
Hi everyone,
I'm curious to hear your thoughts on the following question, which I'm going to keep very short and to the point: Do you think that with the advent of sites like Zillow and the like making people virtual...
On the 22nd of last month I got a call from one of our ads in the Wheeler Dealer that says, "we buy mobile homes 1990 or newer-any condition-CASH." The seller on the other end of the phone stated that his home was a ...
Hello BP! I am looking to move in about 10 homes into empty lots in my park. I know just Moving the homes into the park will cost a good amount (trucking them in). And I'm wondering if anyone has found a good method t...
Good Morning Investors!! I’m in the process of wholesaling a mobile home but I am confused on what kind of contract to use? Since mobile homes aren’t considered real property or Real estate and there’s no title search...