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Updated about 3 years ago, 10/13/2021
First Mobile Home Rehab - Where Do We Start?
Hi all,
Myself and two buddies have a mobile home that was given to us that we would like to rehab and sell. This mobile home seems to need a lot of repairs. Was wondering if there are any tips or tricks to flipping mobile homes? This mobile home is about 30 years old, so we don't want to put too much into it, but we want to make sure we can sell it.
Some of the repairs/updates we planned on doing was:
-Update flooring in all rooms (vinyl/carpet)
-New paint in all rooms
-Paint cabinets in kitchen
-Update appliances
-New skirting
-Repair roof
Based on this list, any tips? Also, how much does a typical rehab for a mobile home run?
Just as a quick insight - we do have an LLC set up with the mobile home in. We also have a $30,000 Line of Credit to help along the way for large expenses.
Thanks for any help you all can provide!