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Updated over 7 years ago on . Most recent reply

User Stats

35
Posts
15
Votes
Zachary A.
  • Flipper/Rehabber
  • Tacoma, WA
15
Votes |
35
Posts

Mobile home in normal-looking neighborhood

Zachary A.
  • Flipper/Rehabber
  • Tacoma, WA
Posted
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!

Most Popular Reply

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6,878
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7,442
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,442
Votes |
6,878
Posts
Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

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 

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