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Updated almost 4 years ago on . Most recent reply

Would you invest in real property manufactured homes?
Hey guys I just finished renovating my manufactured home, my wife and I bought it for $75000 cash and put in just over $10000 to renovate it. (I did all the renovations myself)
The new appraisal value is just over 105,000 and the ARV is $90000!
After completely renovating our home from top to bottom I have a decent idea of how manufactured homes are structured...
My question is would it be smart to BRRRR this money into another real property manufactured home?
Most Popular Reply

@Nicholas Connell
I have two of them right now, and yes I do not mind manufactured properties as long as they have surrendered title and have a deed on a foundation.
I would not do any that are in a park with a lot fee.
Keep in mind there is more of a challenge in selling it and getting financing for manufactured homes.