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  Gift of Equity-Son Buying Single Wide From Father

  Posted by Tom Miller on September 11, 2026 at 3:54 am

  I may have a loan I can pass on to you.

  Single-wide manufactured home, converted to real property.

  Father is selling it to his son for $200K, with 20% down

  The client is self-employed and has good credit, about 720

  Let me ask you a question – since he will be buying it from his father, there’s no realtor involved. Would it make sense for him to put 5% down and rent-to-own, and have him pay taxes and insurance? Rent amount around $1800. Then, when rates get better, do a mortgage. Just a thought.

  I like to run these ideas past the Team at Gustan Cho Associates….

  Tom Miller replied 3 weeks ago 1 Member · 0 Replies

  • Father selling single-wide manufacturer home to son
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