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Updated almost 6 years ago,
North Idaho - Manufactured Home - Flip
Hello friends,
I have a deal coming down the pipeline, but it is a manufactured home. On paper it seems like a good deal (i.e. all numbers work out such that I will yield a 20%+ profit). The home is on 1/4 acre, so it is not in a park. It is also in the county (not city). However, it is not on a foundation.
Have any of you flipped a manufactured home in North Idaho / Eastern Washington with success? My main areas of concern are:
1. House sitting on the MLS for a long time
2. Buyers not being able to get a loan on the house.
Any insight would be greatly appreciated!