After reading a few posts, I see that some of you have a lot of experience and realize this is where I need to be.
I’d really like to own a mobile home park. But my problem is finding the capital to start. I have about 15k saved up but I also have a bad credit score which isn’t going to get fixed anytime soon. This same time next year, I should have about 26K or more. Definitely enough for a down payment on a small park but with a credit score around 530, I don’t know. I’m currently in the military and would like to start this while I’m still in or do you think that would be a bad idea?
My main question for you guys is: What should I do next? Keep saving? Try to fix my credit score?
I join the military exclusively for this purpose. I’ve just recently started learning about landlord laws and looking at properties online. It would be nice to see this dream realized.