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The MHP Pros Mastermind

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Land Home Package Investing

166 members • Free

Mobile Home Investing 101

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Mobile Home Park Mastermind

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5 contributions to Land Home Package Investing
Introduction
My name is Steve Ruthstrom and I live on Lake Conroe in Montgomery Texas with my wife and 13yo son. We've been flipping land for about 5 years so we have a little experience in this area. We'd like to get in to the mobile home side of the land business in order to diversify our income opportunities.
2 likes • 15d
@Steve Ruthstrom I lived in Woodforest for 13 years! Let's connect! Call or text me at 936-444-7853.
Tight easement access… deal killer for a double wide?
Hey guys, looking for a gut check on a deal I’m under contract on. Planning to put a double wide on it, but access is the main concern. There’s a dirt road with a pretty tight turn right at the entrance, and I can’t widen it since it’s an easement. It looks like the neighbor north of me has a DW but they may have gotten access another way. Here are ground photos: https://drive.google.com/drive/folders/1-jzj7LZTyKVgjokVDrgFjy3ARJVu7UBw?usp=drive_link I talked to a setup company and they basically said the delivery driver makes the call and usually comes out to look, but I’m trying to get comfortable with it before I close or order anything. For those who’ve dealt with this: - How tight is too tight for getting a double wide in? - Ever had a driver refuse access? - What should I be measuring/checking ahead of time? Just trying to avoid closing on something I can’t actually use.
Tight easement access… deal killer for a double wide?
4 likes • Mar 25
@Sean Ade I hopped on the phone with Philip this afternoon and we went over a few things. #1 - the manufacturer will definitely not go into this property. #2 - the set up guys NEED to walk this property before hiring them. The road is muddy with puddles at some points. Those areas need to be covered with plyboard (or something similar) so the truck doesn't get stuck in the mud. Additionally, there's a tight turn that may need a few trees or brush cleared to make the turn. Either way, we talked about if a set up guy is not wiling to walk the property, he should not get hired for the job. It's promising to know there's already manufactured homes next door to this lot so someone figured it out!
3 likes • Mar 25
Additionally, a doublewide gets pulled by two trucks (one truck per side). I assumed most people knew that, but it's best to point that out too!
Contractors Needed
Do you know of very good Land-Home Package contractors in the Houston, Texas area that I can use on my projects? Thanks
2 likes • Mar 19
Yes, I have a few. Can you text me at 936-444-7853?
Texas outside city limits
If you're looking for land in Texas, always look outside of city limits where the zoning is a free-for-all, HA!
Construction Loans
I'm curious to the group's thoughts on this... my local bank will give me a construction loan for this project, but here are the terms: "The bank can lend up to 75% of your total project (which includes the building cost). Your equity injection would be 25% down and if you purchased the land before hand with cash, we can use that as part of your 25% down. Typically, our construction/development loans are for 12-month terms with an interest rate of the Prime rate floating (Prime is at 7.25% as of today). The monthly payments are interest only on the amount drawn." Is this favorable over private lending @ 12-13% What do y'all think?
1-5 of 5
Kari Pesch
2
4points to level up
@kari-pesch-8084
Based in Wisconsin - excited to purchase my first park!

Active 16h ago
Joined Jan 20, 2026
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