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Updated about 1 year ago,
winning buy hold 2.5 years flip
Investment Info:
Mobile home buy & hold investment.
Purchase price: $65,000
Cash invested: $65,000
Sale price: $125,000
2/2 .56 acre
What made you interested in investing in this type of deal?
Rental prices in our area were out of control
How did you find this deal and how did you negotiate it?
Zillow
How did you finance this deal?
Heloc
How did you add value to the deal?
Completely redid the entire inside and built a huge deck on the back
What was the outcome?
made money
Lessons learned? Challenges?
be careful who you lease to
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
no