mobile home investing

[Mark Brogan]

Investment Info:

Mobile home fix & flip investment.

Cash invested: $35,000
Sale price: $45,000

we will either finance this home for 45k or rent it for 900 month

What made you interested in investing in this type of deal?

I understand mobile homes better than any other type

How did you find this deal and how did you negotiate it?

park manager, they gave it to me for free

How did you finance this deal?

cash only

How did you add value to the deal?

rehabbed the home

What was the outcome?

completed home ready for a tenant

Lessons learned? Challenges?

every home is a challenge, from the contractors to the money needed to pay them

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

no