Converting to permanent FHA foundation on flips

[Patrick Sears]

Hello,

Wondering if any of you investors who flip MH's on land for cash or on owning financing/rent to own go to the trouble/expense of converting them to a permanent foundation if they are currently not on one.  I would think it would increase the sale price as well as ease of bank financing down the line if your owner financing buyer wanted to switch to a bank loan and cash you out.

Any idea on the cost these days to pour footings and run a cinder black perimeter wall for an already placed home?

Thanks!

[Paul Sofia]

I have done on  most every one I have ever done.  I have flipped a bunch dating back the last 20 years.  Basically, you just need to have the piers sure-walled.