Buying Used Mobile homes

[Matthew Shay]

I came across a deal where they are selling 3 vacant parcels and one has a mobile home on it. The owner has never visited the property. I wanted to find out about buying used mobile homes and putting them on the vacant parcels. I was told that there is an auction in the county where you can buy used mobile homes without the land and you can pick it up as low as $800. Does anyone have experience with this or with other avenues of buying used mobile homes and then putting them on the property? Is it a good strategy?

[Natalie Kolodij]

@Matthew Shay 

You'll run into a few barriers. 

First is the land setup to house 3 homes? Does it have septic? What size mobile will each septic support? 

The other issue is moving mobile homes is fairly expensive. 

Many companies won't move homes older than 1990, and I don't touch homes older than 1976. This is when HUD build standards were released on them. Banks also often wont lend on pre 1976.

In Washington moving a single wide was about $4-6k and a double wide was ...well about double that. 

That being said you can find some stellar deals if you get creative. Recently there was a free mobile listed here- a single wide, 1996, in great shape, they just wanted it moved so they could put a double wide there. 

I called every park within 100miles, and all the agents I work with and unfortunately no one had a spot open, or a piece of land that would work.