Guest
Nice truthful article yesterday on line about mobile home parks. Purchasing a new home on rented property is not a good idea as rent will go up yearly @ 4 to 6 percent. Borrow $200,000 @ 8% = 1285 per mo. + $600. mo. rent starting @ goes up 5% yr. + taxes & services. Some years down the road a large corp. buys the park then doubles the rent. Its happening all over the country.
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