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Updated 9 months ago on . Most recent reply

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28
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Gabe Goudreau
  • Lansing, MI
10
Votes |
28
Posts

Flipping Modular Homes?

Gabe Goudreau
  • Lansing, MI
Posted

There's a property tax foreclosure auction coming up in my area soon (Ingham County, MI) and one of the properties being auctioned I found out is a 3 bed, 2 bath modular home. There are other modular homes in the area, but there is no info about them selling on the MLS to use as comps, I'm assuming this is because they were just purchased as a lot and placed a modular home on it. There is also no open house for this property, I would have to buy it sight unseen.

Does anyone have experience flipping modular homes or should I just stick to the more competitive SFH's on this auction?

Most Popular Reply

User Stats

28
Posts
10
Votes
Gabe Goudreau
  • Lansing, MI
10
Votes |
28
Posts
Gabe Goudreau
  • Lansing, MI
Replied

My goal is to fix and sell, it is mostly a cleanout from the looks of it, and I believe that it is affixed to the land. Great suggestion about being able to be financed, I will call some local lenders and ask. Thank you! 

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