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Updated over 7 years ago on . Most recent reply

Monika Smith's profile image
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Monika Smith
  • Specialist
  • from Tucson, AZ
  • Member since Nov 21, 2013
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Monika Smith's profile image
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Monika Smith
  • Specialist
  • from Tucson, AZ
  • Member since Nov 21, 2013
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Monika Smith
  • Specialist
  • Tucson, AZ
58
Votes |
34
Posts
Buying & Selling Real Estate

Mobile Home Purchase Flip

Monika Smith
  • Specialist
  • Tucson, AZ
Posted

Hi all!!! Any suggestions on purchasing a manufactured home. I found 2 good deals, and not much renovation is required, but is the process a little more lengthy, since it's not real property?

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Ron Flatt's profile image
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Ron Flatt
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  • from Hillsboro, Texas
  • Member since May 18, 2017
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Ron Flatt
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  • from Hillsboro, Texas
  • Member since May 18, 2017
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Ron Flatt
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  • Hillsboro, TX
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Ron Flatt
  • Investor
  • Hillsboro, TX
Replied

My mobile home flips have usually been down and quick.  I paid cash for them and then rehabbed and owner financed them.  It is hard to find lenders for MHs.  

Interest rates were at a premium but was still a better deal for them than renting.  

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