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Updated over 7 years ago on . Most recent reply
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Mobile home in normal-looking neighborhood
Hi! I'm talking to a motivated seller about a mobile home on an owned lot. It has an a-frame shingled roof, and is surrounded by traditional site-built homes. I'm pretty confident valuing purchases for standard flips, but I'm not sure how to value a home like this. How do I adjust compared to site-built comps?
I could really use some help, especially from any local Sacramento area investors who might be interested in a deal like this!
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Value the lot , and throw in 5 grand for the mobile home . If the other homes are in nice shape you rent the mobile for a while , then build a new house