Posted by Anne_ND on July 12, 2003 at 15:55:50:
If you can’t get money from family and friends, it will be hard to get it from strangers. However, you might try your local investment club, or take a second (or third) job to build up a few hundred that you’ll need to get started. Maybe you have something you can sell? Having $2,000 or so ready to go will make this much easier.
You could also try to have some buyers lined up first- that will minimize your holding costs. When I first started the PMs I worked with insisted that I be on the lot rent contract and put down security deposit and one month’s lot rent when I bought a house in their park. Now that they know I’m good for it, I don’t have to put down a security deposit. So it helps to have some money up front.