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Updated 10 months ago,

Patrick Goswitz's profile image
Patrick Goswitz's profile image
Patrick Goswitz
  • Member since Nov 24, 2023
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31
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18
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Patrick Goswitz's profile image
Patrick Goswitz's profile image
Patrick Goswitz
  • Member since Nov 24, 2023
Connect
Patrick Goswitz
18
Votes |
31
Posts
Rehabbing & House Flipping

My heart hurts. BAD INVESTMENT

Patrick Goswitz
Posted

I bought a manufactured house and the land for 60k. I put in about 30k. I put it on the market and instantly had several interested buyers along with an offer for 140k conventional. Even though the manufactured house is pretty much completely updated... the manufactured house was made before 1976 so no buyer can get a loan. Any advice? I can get $1,000/ month in rent or do I just sell for a loss and try to find a cash buyer who would live in it.  

Knoxville, Tennessee
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