Thank you for a great Forum.
Ready to buy a MHP and though I have experience investing in real estate, I don’t have MHP Park experience therefore I’ll need to go to bootcamp.
Am just coming out of a long period of financial stress from my real estate investments and still have a few properties.
I have a sacred 100 - 130k to work with.
My goal is to have an income stream of 6k per month net net in 2 years.
I’m ruminating over the following:
I know how to buy a SFH and fix up to sell. And now is the time to do it.
I get the overall picture and specifics of purchasing a MHP that are different from buying a SFH but am wise enough to know I need more info found in the reading materials and bootcamp.
To get to my goal of 6k net per month income stream, I’m going to need more cash to put in a deal(s).
How to get that cash?
There is definitely money to be made in buying and selling SFH’s right now. And I know how to do this.
Go to bootcamp, purchase a MHP, fix up and sell. Because I have not done this yet I am a bit gun shy especially on the heals of getting back on my feet.
Either way, there is risk but I’m more familiar with the SFH risk.
Looking forward to some sage opinions.
Thanks to all.