SC MOBILE HOMES - Posted by GLEN

Posted by Greg Meade on October 12, 2003 at 12:43:25:

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SC MOBILE HOMES - Posted by GLEN

Posted by GLEN on October 10, 2003 at 06:54:19:

I HAVE BEEN LOOKING INTO REI FOR 2 YEARS AND HAVE DECIDED THAT YOU CAN ONLY KEEP LEARNING FOR SO LONG…SOONER OR LATER I WOULD NEED TO TAKE THE FIRST STEP.

BECAUSE I AM A MORTGAGE BROKER I AM EXPERIENCED IN THE NEW PURCHASE OF MOBILE HOMES…BUT NOT AS AN INVESTOR.

ANY IDEAS, DIRECTION OR INPUT WOULD BE GREATLY APPRECIATED!
I HAVE CARELTON SHEETS INFO…BUT NEED MOBILE HOME SPECIFICS AS TO WHERE TO START.

THANKS
GLEN

Re: SC MOBILE HOMES - Posted by John (TN)

Posted by John (TN) on October 10, 2003 at 07:40:58:

Glen,

Start here:

http://www.creonline.com/catalog/b-103.html
http://www.creonline.com/catalog/b-106.html

These two books are the best 60 bucks you’ll ever spend.

Be careful with your REI experience - it can be helpful, but if you approach the MH business with a traditional real estate mentality, you will crash and burn (translation - you’ll try to do one of those subject-to lease/option double-backflips and you’ll wind up assuming somebody’s $25,000 mortgage on a $15,000 home that you should have bought wholesale for 5K.

Read the books - its all in there. Good luck and welcome.

Oh, and easy on the caps. Its considered shouting.

Best of luck,
John