Mobile Home Investing In Canada

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Mobile Home Investing In Canada. Mobile home parks allow you to acquire more units for less money. The bank of canada today announced it is keeping its key interest rate target on hold at 0.25%.

Entrance of a house in Vancouver, Canada. House
Entrance of a house in Vancouver, Canada. House from www.pinterest.com

Although she now predominantly invests in mobile homes, she has a wealth of knowledge on single home investing as well. When you purchase a mobile home park, you are purchasing land that you can rent to a tenant. Pros of mobile home park investing.

Mobile homes are not easy to resell, especially when located in a mobile home park.

Alternately you can have the owner/tenant pay a nominal down payment and then hold the mortgage on the remaining balance and get paid out over, say 4 years at 10% interest. Best for low fees and best trading platform in canada overall. Hear as garrett speaks candidly about this mobile home deal, the awful park manager getting in the way of reselling, and what we. Find out what's happening in mobile home park investing for the newbie investor meetup groups around the world and start meeting up with the ones near you.