Does Anyone Rent MHs?

Comments(8)

• 
  m3by200331st July, 2005

  Thanks everyone for your quick and honest feedback.

• 
  JohnLocke12th July, 2005

  RayLT,
  
  Glad to meet you.
  
  In most states the Department of Motor Vehicles licenses Mobile Homes. So you can check with the DMV in your state and see what is required on a Bill of Sale to transfer the sellers interest to the buyer.
  
  I have purchased Mobile Homes with just a Notorized Bill of Sale from the seller to me. Get a Bill of Sale from the seller and make the payments to the lender.
  
  John $Cash$ Locke
  [addsig]

• 
  RayLT12th July, 2005

  Thanks John!
  I have read your comments religiously!!! I forgot to mention that the state was NC. Thanks again for your help.
  Ray

• 
  RayLT12th July, 2005

  Thanks John!!! I read your responses as much as John Lockes!!! I feel privileged to have a response from both of you!
  Thanks Again!
  Ray

• 
  RayLT12th July, 2005

  John Merchant,
  As a side note the Buyer was planing on staying in the MH Park at a rent of $200/month. I will make sure they know to talk to the MH Mgr first before buying.
  Ray

• 
  JohnMerchant4th August, 2005

  MHPs have written rules, and they normally demand written applications and credit reports on ANYBODY living in their MHP...and usually forbid anybody renting any MH.
  
  So YOU better have a talk with that MHP manager and get the details on what they allow before spending any more time on this.

• 
  ONEMANARMY95113th August, 2005

  I forgot.. Are Lonnie Scruggs books a good investment? Or buying the home study course would be a better investment?

• 
  the81investor13th August, 2005

  Hello,
  
  Your question is so general it is pretty hard to answer. What you need to do is find mobile homes that are for sale in your area and check them out; get a feel for what a 5k, 10k, 15k, etc... mobile home looks like. Once you know what to look for; you will know when you find a deal.