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Updated over 5 years ago,
Help Wholesaling Manufactured Home
Hi BP family
We're fairly new to wholesaling, and we came across a seller with a mobile home and need some help understanding how to wholesale this property. We still have to visit the unit, but here's what we do know:
- Seller owns the land & the home, but I don't think she converted it from personal to real property yet. The property is also on "stilts"
- The home was built in 1970's and is in bad shape with damaged plumbing, boarded up, trash all over the yard (?prob from squatters)
- How would you structure this deal to make an offer?
- Should we just make an offer based on the land? And if so, how do we find comps on land?
Thank you in advance for any advice.