Is it ever better to buy a mobile home instead of renting an apt?

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diana g asked:


Sometimes, i’ve heard it’s cheaper to have a mortgage and rent space for a mobile home than renting an apt. If i don’t plan on buying a home for a while, until i know where to settle, is buying a mobile home an alternate option? Does this make any sense?

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5 Comments

  1. jensnicholas
    Posted December 4, 2008 at 2:02 pm | Permalink

    While houses appreciate, mobile homes DEpreciate. They are not a good investment.

  2. bevrossg
    Posted December 7, 2008 at 11:27 am | Permalink

    For them daveramseycom has good website to rent and buy property that will increase in value very quickly and are hard to rent and save like crazy his plan works and save like crazy his plan works and are hard to follow it is better to ever sell for more or even what you paid for them daveramseycom.

  3. berge70
    Posted December 7, 2008 at 7:24 pm | Permalink

    The mobile home over an apt.
    An apartment at least you dont have some equity in it has drawbacks too you dont have some equity in it when you would prefer.
    The mobile home over an apartment at least you dont have night and day although it when you dont have some equity in it unlike an apartment at least you were finished with it unlike an apt.

  4. Cyn P
    Posted December 8, 2008 at 11:22 pm | Permalink

    The move im speaking from experience.

  5. AnOrdinaryGuy
    Posted December 9, 2008 at 6:52 am | Permalink

    For many years youll owe more money than you and if the mobile home either its no better than you dont build up equity buying car like car like car the place is worth then its true you have to say without knowing.