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Updated over 4 years ago,

User Stats

10
Posts
4
Votes
Nathaniel Ortiz
  • Investor
  • Austin, TX
4
Votes |
10
Posts

Risks of investing in mobile homes?

Nathaniel Ortiz
  • Investor
  • Austin, TX
Posted

I have a mobile home owner very motivated to sell, asking 50k comps are at 110k no major cosmetic repairs needed. The numbers look like they can make sense as a quick flip, or even a potential buy and hold, but I'm aware mobile homes typically depreciate(?) and is a whole different "Industry" than single fam/multi fam property investing. What are the risks I should know about? Or is this a deal anybody would take as a quick flip?

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