Fixer Mobile Home in Hemet

[Joe Homs]

Investment Info:

Mobile home fix & flip investment.

Purchase price: $95,000
Cash invested: $40,000
Sale price: $180,000

Contributors:
Alex Barnett

Welcome Home! Stunning remodeled 2 bedroom, 2 bath manufactured home in Sierra Dawn Estates, the highly sought-after 55+ community in Hemet, CA. The black and white modern farmhouse styled mobile home is freshly painted outside and pops with a Caribbean blue double door that opens up to a spacious 1100 sq ft of interior living space. The home boasts a large open living room with new double pain windows and more...

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

Own the land underneath the mobile

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

Wholesaling

How did you finance this deal?

Cash

How did you add value to the deal?

Full rehab

What was the outcome?

Awesome

Lessons learned? Challenges?

Changing market

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

Joe Homs