N/O/O MH Financing

matt99 profile photo

I found a nice HUD repo I would like to purchase. Wo does N/O/O mobile home financing?

MB Cost 28k
Mid 700 credit score
Plenty of reserves
10%-15% down

Thanks.......

Comments(2)

  • active_re_investor2nd June, 2004

    If you find any sources for good lenders let me know.

    How did you determine the value was there? You noted it was a 'nice HUD repo'.

    John
    [addsig]

  • matt992nd June, 2004

    Yeah, I guess "Nice" is a relative term. This one is nice because of Sq Footage, location, and lot value.

    Easily rent for 1k after repairs. (Keep in mind I am in Houston).

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