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Updated almost 6 years ago on . Most recent reply

Andrew Livingston's profile image
Andrew Livingston's profile image
Andrew Livingston
  • from Aurora CO
  • Member since Jun 12, 2019
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Andrew Livingston's profile image
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Andrew Livingston
  • from Aurora CO
  • Member since Jun 12, 2019
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Andrew Livingston
  • Aurora CO
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Mobile Home Park Investing

I need help with a mobile home situation, please advise.

Andrew Livingston
  • Aurora CO
Posted

I have a client who is looking to move into a single family home. He has a mobile home he bought a year ago, he needs to get rid of it. His pay off is around 56K, and its 600 sqft one bedroom. He asked if I wanted to take it over. I'm not quite sure it would make sense for to take it over. How can I make money with a mobile home? What option are out there? 

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Greg H.'s profile image
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Greg H.
  • Broker/Flipper
  • from Austin, Texas
  • Member since Jan 2, 2013
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Greg H.'s profile image
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Greg H.
  • Broker/Flipper
  • from Austin, Texas
  • Member since Jan 2, 2013
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Greg H.
  • Broker/Flipper
  • Austin, TX
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Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

That is a crazy high number for a 1 bedroom MH. You will easily be into it for close to $65000 by the time you move it and set it up.  I have purchased several in West Texas and New Mexico in the last couple of years that are 3 bedroom on land for under $20000

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