Yes, you may still profit from undervalued mobile homes if going through foreclosure.
A mobile home park will likely ask you for a co-signer if you have a current foreclosure or poor credit on your record.
The parks that may refuse an applicant with bad credit are 5 star mobile home parks. Fortunately it is my advice to stay away from mobile home parks that screen buyers too closely. Most parks will have a list of items they screen buyers for including income verification, employment, criminal history, sexual predator status, and credit history.
Some parks will not require your credit information as they understand you will not be living in the home but reselling it quickly in most cases. Some parks will not ask for a background check for you at all, these parks are the minority.
Love what you do daily,
John Fedro
support@mobilehomeinvesting.net