Posted by Carey_PA on March 14, 2001 at 02:53:41:
Getting started with mh’s isn’t a bad idea I don’t think. Let’s face it they are a heck of a lot cheaper than sfh’s. But don’t REHAB them, sell them as is, just offer owner financing.
I suggest you buy both of Lonnie’s books on this website before you get started. They will walk you through mh deals. Also, you’ll want to do a search for mobile home parks online in your area and DRIVE AROUND looking for mom and pop parks that WON’T BE LISTED ANYWHERE! That’s the key here, look for the little mom and pop parks. If you have to drive out of your area a little ways, by all means do it.
P.S. for more info. on mobile homes, check out the mobile home discussion group on this website!