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Watch Out On Used Mobile Homes
Why buy used mobile homes? My first home was a mobile on a small lot that I bought for $19,500. Even with the mortgage payments it was cheaper than renting. I paid it off quickly and later sold it for $45,000, so you can obviously live cheap and build equity. (Buying in a park can be the equivalent of cheap rent, but this discussion is about mobiles that are on real estate.) . . . (to read the remainder of this article, please log in below.)
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