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Updated about 8 years ago,
Buying raw land and used mobile homes separately
Lately I have noticed in my area that there are some great deals on smaller parcels of raw land. There are also a lot of used mobile homes for next to nothing.
What I have been pondering lately is if it is possible to buy the land and mobile home then resell together and turn a decent profit. I know there will be issues like running power, well drilling, and a septic as well as the cost of transporting the mobile.
Has anyone done something similar to this? What would be some hang ups? Would potential buyers be able to even get financing? Any ideas or comments would be appreciated.