I am planning to buy my first house but I do not have that much of money. Are there any alternates and what should I be careful about while negotiating such a deal? I do not mind going in for a Mobile / Manufactured Home. Help!!

It is indeed a great idea to own a house without money yet it is not difficult! I have done so and the main building blocks I found were at URL REMOVED
And sure it’s a clever world so you should be careful. Please also go through the article
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If you can afford it, I would say try to get a single family home over a mobile home any day. Generally speaking, you will realize a much better appreciate rate in a SFH.
100% financing is still doable, maybe the best option is the use FHA and have the seller pay the closing costs and down payment.

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Mike Taylor
Indianapolis Real Estate | Carmel Real Estate |My REW Blog

Very suspicious posts from 2 new users on the forum, you really should try a new marketing ploy that actually works.

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i was thinking the same thing.

and then there was this "There are quite a lot of reasons why mobile homes are now the preferred homes of people living in California. First, it is way more affordable than conventional homes, and second, it can be moved when necessary".

Mobile homes are preferred? Space rent is not tax deductible and i have seen as high as $1300 month. Sure you can move them -- at what cost and where to?

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Brea CA Real Estate, Brea Homes For Sale
Brea Real Estate, Brea Homes For Sale
Brea Real Estate, Fullerton Homes For Sale

I'm currently dealing with a MH right now........

I would stay away as much as possible. I'd rather live in a home than a nice MH just due to the appreciation problems.

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Brandon E. Schlichter
HER Real Living
Circleville , Ohio740-571-1606

Mobile house is not a good option coz you should have to pay to buy this one

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I completely disagree with most of you on mobile homes. Had I to do it all over again, I would have bought one long before I bought a house. I rented for nearly ten years before I bought my first house, and I walked away with 120 rent receipts and my pockets were about 70,000.00 short over that time period.

Mobile homes do depreciate if you buy them brand new, much like cars. Go out and purchase a 1963 Detroiter for $500.00 and try to tell me it is going to depreciate any further!
With about $2,000.00 you can make it the best looking home in the park and then sell it on financing! You'll make your money back in less than a year and keep a nice 200-300 income stream coming in monthly for the next couple of years!