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Is it time to buy a entire MHP

Posted: Sat Oct 25, 2003 3:53 am
by Ike Kal
We are looking at buying an existing MHP in the east. Needs wrok and more tenants. We hear that with low interest rates it is hard to fill a park.

So is this a good time to buy?
Are MHP's worth less these days?

Thanks

Re: Is it time to buy a entire MHP

Posted: Sat Oct 25, 2003 6:08 pm
by Bill Fry
MH's without land are hard to finance these days.A park where you own and rent homes can also be a hassle.Depends on the area ,the age of the homes,and a million other things on whether or not it would be a good investment.