Thoughts on flipping a mobile home.

[Dominic Richardson]

What are your thoughts on flipping a mobile home? Home needs some cosmetic repairs and price at $40K. Looking for some advice. Thanks in advance. 

[Shawn Parsh]

Dominic,

I will be tracking the responses you get on this one. I am supposed to close on my first mobile home flip in a couple weeks. It is close to where I live so I couldn't turn away from it. In my area some mobile homes on land are going for more than 300,000. There are a lot more buyers in my market then properties available so I see it as an opportunity. I expect the rehab will only take about a month so I will post how it all turns out.