Wholesaling a mobile home in california

Wholesaling a mobile home in california

Member since 2018 · 19 posts · 3 votes
Hey BP! First tine dealing with a mobile home. I was wondering if i can put it under contract from seller and then flipping the contract ro a end buyer. Any help or advice is greatly appreciated thank you.
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  • Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
    7y

    Technically I believe yes practically no. Most end buyers who are going to live in a mobile home will have an agent and not be willing to buy from a wholesaler like an investor would. Being a wholesaler means you can't list on MLS and you will miss out on the vast majority of exposure. Also unlike an investor you may have to deal with financing requirements from the buyer.

  • Real Estate Agent · Las Vegas, NV · Member since 2016 · 589 posts · 275 votes
    7y

    @Samuel S Gonzalez a little late to the party but you might want to check into California Manufactured Housing Division and see what laws are in place before trying to wholesale it without the following:

    1. Loan originator license

    2. Manufactured Housing Dealer license

    Each state is different but being that California is California and is know as one of the most heavily restricted states not to mention so left wing tenant friendly states, it wouldn't surprise me in the least if there is all kinds of regulation against what your trying to do. I respect the hustle, but you may just find it not worth the head aches in the end. 

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