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Updated almost 4 years ago on . Most recent reply
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Flipping a manufactured home
So my question is I am looking into a manufactured home for a flip everything is great about the house location, veiw, and neighborhood. I was planning on doing an add on to the house to increase square footage to make the house go up in value. I am wondering if there is any way to reconstruct the house to allow it to be a traditional single family home. And not listed as a manufacturer house. Or how big of an add on would it take to be considered a regular house? Thanks
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That's a good idea, but I don't think it's possible practically speaking. I mean you could definitely go full nelly on the renovations, pour a slab foundation, move the manufactured home onto the foundation, build onto it, redo all your plumbing, electrical, and HVAC to be slab-freindly, etc . . . . you could do that, but there is still not going to be a record of a "built on" date or any permits for that building event (if your MH is in a permitting area) so you'd be relying on an appraiser NOT doing their job, along with a lender and a buyer.
Does this jive with other folks' experience here?