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Updated almost 2 years ago,
New manufactured home flip finance idea's
Hello everyone,
I own property in the second fasting growing county in America. Land that can have manufactured homes is scarce. Trying to find a way to finance purchase and installation of a manufactured home. My plan is to list and sell ASAP.
My wife is a leading realtor in the area so our knowledge is sound. We have done multiple new builds but never this. Current homes in neighborhood are listing at 450,000 and selling at about a 10% cut.
I have a home ready for 145K and the land is free and clear. Also would need septic, skirting, and utilies. So about 165k all in. Possible 290k profit.
How can I get this done?