Due Diligence Ideas When Looking at MHPs
After viewing the details about a potential property you are interested in, your first step may be a Letter of Intent (LOI) outlining the parties’ initial understanding before entering into […]
Financing Options for MHPs
Finance companies may be another source – including credit cards to take a cash advance against the card. Make sure your numbers show you can profit after considering the cards’ […]
Professionals: You Will Need to Be a Successful MHP Investor
Lenders. Suppose the home is personal property (the land is not included with the home). In that case, you will want to know lenders who offer chattel mortgages and finance […]
Finding Profit in Mobile Homes
The Multiple Listing Service (MLS) does have a category for manufactured housing. It is typically identified as a home type. It is located on private land as opposed to those […]
Having Options to Own vs. Rent with Mobile Homes
Land and Lots There are situations where the manufactured home remains personal property and is placed on the land. The land is considered real property. In this case, the land […]
Fact vs. Fiction with Mobile Home Investing
There are many misconceptions about this type of housing. One of the biggest ones has to do with the house being mobile. While it is true that manufactured homes are […]