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Updated almost 7 years ago,
Owner Occupied flip of a Manufactured Home
Hello all!
An opportunity has come across my path to purchase a manufactured home for fairly (really) cheap - I also happen to be needing a new living situation soon. I haven't seen the home yet - but it is already known that there is a leaky roof, old kitchen appliances, and some needing to be replaced carpeting.
If I were to purchase this type of property with the intention to live in the home and rehab it over a period of 4-6 months - and then sell for a much higher price - that it would be a decent first investment and also a way to learn how to rehab a property on an extremely small scale?
Thank you for your input!