DeeLight 8 Report post Posted August 16, 2012 I heard they are trickier to do than regular houses. Has anyone don these? The ones I'm talking about are on land not in parks. Thnx! Share this post Link to post Share on other sites
MichaelC 160 Report post Posted August 16, 2012 Not a mobile home guy. There aren't too many out my way due to the fact that they generally disappear every time we have a hurricane. In fact, they are known as hurricane magnets down here. Share this post Link to post Share on other sites
MikeT/NC 5 Report post Posted August 16, 2012 Dee, Mobile homes are harder to get financing for. You might want to check with the broker you'll be using for your t/bs to see if they can get it financed. Share this post Link to post Share on other sites
DeeLight 8 Report post Posted August 16, 2012 Dee, Mobile homes are harder to get financing for. You might want to check with the broker you'll be using for your t/bs to see if they can get it financed. uh-oh I don't have a "broker". You mean a mtg broker right? Hmm, another piece I hadn't thought of. I was thinking that I got the t/b and then received the option consideration and then I was out of the deal. I forgot that I want to help them get qualified for a loan too. I need to make a "steps to do" list and put it on the wall. Share this post Link to post Share on other sites
MikeT/NC 5 Report post Posted August 17, 2012 I talked to a mort. broker and she told me if I would get my prospects to fill out her "short form" and send it in she could take a look at it and let me know if they had a chance of qualifying in a year, give or take.(providing they told the truth on the form) She told me she could get back with me in a day or so. I figured it would be a good selling point to the seller if I could present them with a t/b that had been told by a MB that if they did XYZ they could get a loan in X # of months. Share this post Link to post Share on other sites
DeeLight 8 Report post Posted August 17, 2012 Yes, that is great Mike. I am slowly building a team to help my crei endeavors. I am wondering if mtg brkrs and title offices have to be local or anywhere in state---i.e. California. Thanks for your help Share this post Link to post Share on other sites
