Submitted by MammothNo8777 t3_11vm976 in personalfinance
Hello all,
I have heard from so many people that buying a mobile/manufactured home is not a good idea - can someone please explain where my logic is flawed?
$130,000 to $200,000 combined income ($131,000 is garunteed - the rest is expected bonuses)
$400 total monthly debt payments.
Ideally, would be looking to purchase a new construction mobile/manufactured for around $180,000 to $220,000 with a monthly payment between $1400 to $1700.
What is the big deal?
Why am I better off buying a house for most likely double the cost?