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re: Value of rental property

Posted on 9/28/17 at 9:09 pm to
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1971 posts
Posted on 9/28/17 at 9:09 pm to
I scour the MLS. And have connected with one lender that finances mobile homes. He periodically sends me foreclosed trailers for sale. I don't see the deals you are talking about. Craigslist, and Facebook marketplace have the best deals. The cheapest piece of land that I see on MLS is targeted for mobile homes, and way out in the parish for about 13 to 15,000 for .4 acres, no trailer.
Posted by baldona
Florida
Member since Feb 2016
20558 posts
Posted on 9/29/17 at 12:33 pm to
quote:

I scour the MLS. And have connected with one lender that finances mobile homes.


I'm in Florida, that could be why? I should say probably is why.

FWIW, I have found that you need to find the right realtors. Certain realtors have come to hook up with certain bank lenders, so they get basically all of the foreclosure listings. Many times, if you don't know who that realtor is, then you are SOL as their good deals will sell real fast.
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