Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Levy Lanie

Levy Lanie has started 1 posts and replied 3 times.

Thank you everyone for your valuable insights and advice! It sounds like replacing would be a huge headache and cost, but easier to sell after. I am leaning towards remodeling since it would be my primary residence initially and perhaps I won’t get much return on my investment but maybe just sell it to family/friends instead… well, time to find a contractor! Wish me luck!

Sorry if I’m posting to the wrong section, but this was the closest topic regarding mobile/manufactured homes!

 I am about to buy a pre-1976 manufactured home (700 sq ft) on permanent foundation. Cost is $61k which includes a .2 acre of land. The home is small and old but everything is working as far as water (public), septic tank, stove, electric, etc.

It does look outdated though (and in my opinion ugly), so I’m thinking of perhaps replace it with another used mobile home that’s in good condition and built at least in the 90s.

My plan is to live there and flip it after a year or so. What do I need to be aware of as far as “gotchas” and costs (do I need permits), etc.?

Or would it be preferable (and cheaper and faster) to just hire a contractor to renovate the old mobile home to HUD standards? Which is the better option?

Please keep us updated! I’ve also seen a couple of 60k-70k MHs that’s pre-1976 in my area which has been sitting for a few months. It includes the land that it’s on (also about .2 acres), and was also thinking of rehabbing and flipping. But having second thoughts after reading this post!