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Updated about 10 years ago on . Most recent reply

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Brandi Tanyaviriya
  • Euless, TX
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Mobile Home Permanent Foundation

Brandi Tanyaviriya
  • Euless, TX
Posted

Hi everyone!  I have purchased some 10 acres in Texas and it has a single wide mobile home (1250 sq ft) on it.  We are planning to fix it up a bit and resell.

The mobile home though is not on a permanent foundation and I'm worried it will be hard to sell (lot of mortgage companies wouldn't finance).  Do you think it's worth the cost/effort to add a permanent foundation for a single wide mobile home for resale value?

On the one hand, without the permanent foundation, the mobile home couldn't be financed.  On the other hand, it's a small single-wide and I can see some potential buyers might want to scrap it and build a bigger residence on the acreage.

Any thoughts?

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135
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Dawn Young
  • Benton City, WA
50
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135
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Dawn Young
  • Benton City, WA
Replied

Mfh make great rentals, not so good flips. You can get the same rent amounts as stick houses, for rent, but it wont grow in value like a stick built house (actually go down.) You probably knew this.  If county/city will let you, short/long platting is a great idea! We've done it. Call city or county, depending on which you're in, and ask them.  they may have limits based on wells/rock/septic, etc.   i would not add a foundation.  Some houses are just owner carries contract.  Or rentals.  Mobiles are our cash cows.  Milk them!

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