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Updated about 7 years ago, 10/11/2017

User Stats

41
Posts
3
Votes
Cesar Espino
  • Wholesaler
  • Los Angeles, CA
3
Votes |
41
Posts

Advise on how to turn a mobile home lead to profits

Cesar Espino
  • Wholesaler
  • Los Angeles, CA
Posted
Hello BP, I am a Los Angeles investor and first time I get approach with what looks to be a good deal, a material home (mobile home) located in lake hudges California. My question is how can I evaluate this deal to determine if is a good deal. According to the seller they estimate this home to be value at about $85k, and they are desperately looking to get cash at $40k. Any advise on how I can look at this deal, evaluate and determine if this is a deal. Given is a mobile home not sure how to derive to ARV and or look at compatibles for an assessment. Any advise well appreciated

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