💡 Question for fellow MHP owners/investors:
When you sell homes inside your park, do you lean more toward Lease Options or Rent-to-Own/Installment Contracts?
And if you go the rent-to-own/installment route for the home only (not the lot) - are you running those through a Mortgage Loan Originator (MLO), or handling it another way?
I’ve heard different approaches and would love to know what’s working best for you in terms of compliance, scalability, and tenant experience.
In residential wraps we always hire rmlo after 3rd sale within last 12 months