Are modular homes worth the money at all?

[Nathan Fraser]

hey there BP people

My wife and I are finding our market to be very hard for first time home buyers. We intend to buy and hold our first home until we are ready to move in a few years.

Much of what is available in our price range are condos and modular homes. We may be planning to start our portfolio after I finish school, in a much cheaper part of our state.

I know that condos are very risky for investing. But I don’t have a scope on modular homes yet. All we need is to be able to sell it when the time comes and carry the hopeful equity with us to a cheaper market. Are modular homes a waste of time or with some sweat equity can I gain in them?

Thank you for your responses.