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Updated over 4 years ago on . Most recent reply
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Southern California Mobile Home Flips- Advice?
Hey everyone! Hope all is going well. I'm a newer investor and want to gain some experience in flipping properties in the Southern CA area, specifically Orange County & Long beach. Interested to hear some advice from anyone who's been successful in this area and maybe point me in the right direction to further educate myself. I have my RE license and I've had a number of clients interested in buying mobile homes if they want to own but are on a budget.
Also interested if anyone has had success using a hard money lender to flip mobile homes around this area and if they were able to include construction costs in their loan amount?
Thanks in advance!
Most Popular Reply
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@Rachel H. Thanks for the tip. Definitely will do some research on the market to see how long homes sit. Factoring in the land lease to this for a few months is going to play a big factor in whether I buy or not. Much appreciated!
@Jo-Ann Lapin I was just looking up hard money lenders this morning. Would love to connect to hear more about your requirements for lending & what rates you offer, your companies LTV, etc. Also, I have a few general questions for you. Maybe we can connect this week?