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Updated about 5 years ago on . Most recent reply

User Stats

219
Posts
79
Votes
David Doyle
  • Investor
  • Monrovia, CA
79
Votes |
219
Posts

Flipping Mobile Homes in Mobile Home Parks

David Doyle
  • Investor
  • Monrovia, CA
Posted

Has any one here had any success buying run down vacant mobile homes ,rehabbing them and flipping them to a prequalified end user /buyer in the Southern California Area? There are a couple guys out here doing it in the Palm Desert -Inland Empire- Riverside area.

Has any one made money with this strategy /program  and would they care to share information.

I have some capital and hold a Calif General Contractor License

Any help appreciated

Dave Doyle

Monrovia CA

Most Popular Reply

User Stats

17
Posts
11
Votes
Roseann Scrivens
  • San Pedro, CA
11
Votes |
17
Posts
Roseann Scrivens
  • San Pedro, CA
Replied

I'm really interested in flipping mobiles as well. With little money I am looking to buy/sell in lower income areas i.e. Bakersfield, Fresno, and close to my family in Mariposa county. The money is in the financing with these, if you can buy outright and sell with financing you can make a killing. Owning a park is the end goal.

Definitely read up on the legal side of selling mobiles. Here are a few links I recommend. HCD is CA specific:

Interview video at this link https://www.mobilehomeinvesting.net/2014-safe-act-...

And Mobile home residency law http://www.hcd.ca.gov/manufactured-mobile-home/mob...

Hope that helps a little!

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