Forum Discussion
az99
May 21, 2013Explorer
MPI_Mallard wrote:I believe that is the best plan also. Even if they would loan you the money. I was looking into the same type purchase and no matter how cheap I could buy it, it just did not make financial sense. Until you pay all the HOA fees, taxes, interest, maintenance etc., it just does not work. Renting makes more sense. If it were in an area that you could offset the costs with some rentals,it would get closer to a wash.
After some diggin' I found that our banks in Canada simply won't go near a lot in the US and the TD in Florida will have nothing to do with a lot alone in Florida however they will consider a a finished lot with a permanent park-model but that's simply not what I want,when I go home all I wanna' leave is concrete,a shed and a golfcart and taking money out our investments is out so I guess i'll just keep on renting!
Thanks for your input!
Also nothing would aggravate me more than writing the cheques for interest, taxes, cable TV, water, electric and trash pickup for the 8 months a year I was not there.:)
Not saying I never will but it will have to be something we really love and can't rent.
About Campground 101
Recommendations, reviews, and the inside scoop from fellow travelers.14,728 PostsLatest Activity: Jun 17, 2025