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Updated over 3 years ago, 03/26/2021
Replacement Manufactured Home
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.