Anything inherently wrong with buying a newer manufactured home for over half the price of a regular house?Single btw
>>58939494under half the price I meant
>Single btwI say this as a spoiled urbanite but good luck bringing a girl home to a trailerOnly thing I'd warn about is that I've heard getting insurance on those is awful, and no bank will lend to you on a regular term. You'll get like a 10-15% loan on it to be best, and you'll probably need to buy the land in cash or rent from a mobile home park
I made 75% appreciation on a double-wide manufactured home put in a crawl space with some nice acreage in an established community. Ramseycucks will seethe, but it's a good long term buy of you can flip it to a middle aged woman down the road. Make sure it's a 3bd 2ba.
>>58939494most banks won't finance a manufactured home, which kills the whole point in buying a house which is the ability to buy on leverageit also hurts resale because your buyer pool will be restricted to cash only
>>58939494>>58939689Where can I buy used mobile home?
>>58939831Zillow. You don't need a realtor. Matter of fact, you save money without one. Just negotiate the price yourself. Find one that's been on the market for 180 days and give em the ol 'fuck you price'.
>>58940022Does it work for both the ones on own land and in parks?
>>58939494not really. just make sure it's not in some stupid trailer park where you have to pay a rental fee
>>58940146No. Buy the land. Put it on a dedicated crawl space.
not really but be aware the reason the purchase price of manufactured homes are so cheap is because you dont own the land, you rent it. rent on your lot WILL be raised yearly. total cost of ownership ends up being fairly similar if you look at 5+ year timelines. I am part owner in a manufactured home park, fine gig as long as you aren't personally the personal dealing with all the people trying to cook meth. there is not a single trailer park in america that doesnt have a meth house in it, thats just part of the deal.
>>58939494Buy your land and put in a septic tank+water well first before even looking at a double wide.
>>58940838uck that just leave it on cinderblocks
>>58942690If you want it to appreciate like a house, you need to treat it like a house.
>>58942666You can buy a brand-new manufactured home and put it on your own land, though.
>>58942891then you pay more taxes, lose 3 feet of flood protection and have to spend more money on a crawlspace.
>>58943011>pay more taxesCost of doing business. >lose 3 feet of flood protectionDon't build in a flood plain. >and have to spend more moneyYou will get the money back on the sell, and it will make the entire property more appealing. The point is to get into a 3bd2ba on a nice piece of property with septic and we'll for as cheaply as possible while still maintaining the security and longevity of a site built home. Obviously you shouldn't invest in a trailer park.
