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Updated almost 4 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Dan Dwyer
  • Specialist
  • Murrieta, CA
3
Votes |
8
Posts

Replacement Manufactured Home

Dan Dwyer
  • Specialist
  • Murrieta, CA
Posted

Investment Info:

Mobile home fix & flip investment.

Purchase price: $85,000
Cash invested: $195,000
Sale price: $285,000

Replaced old Mobile Home and Installed a new one and sold it.

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

We have done this for years

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

My partner finds them via mailing

How did you finance this deal?

Cash/Private money

What was the outcome?

Good

Lessons learned? Challenges?

Get the right contractors

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

Although I'm a RE Broker, I have found that by using a great agent I obtain a better outcome.

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