extra $$ question - Posted by Eric (Ny)

Posted by lyal on March 08, 2002 at 10:45:59:

Eric,
For most Lonnie deals, you don’t do much rehab work. Add to that the fact that dealing with the Federal Government is a major pain in the back side and it’s just too much trouble for me.
My humble opinion is that your time would be better (and more profitably) spent looking for motivated sellers of mobile homes.
All the best, Lyal

extra $$ question - Posted by Eric (Ny)

Posted by Eric (Ny) on March 06, 2002 at 12:22:27:

I have heard you may be able to get a FHA Title one loan for repairs on a manufactured home, is this true? If it is have any of you done it? Seems like a great way to get some extra tax free cash to invest with?