Flipping Mobile Homes amidst COVID-19?
I have seen that flipping houses in general in the unknown market is a terrible idea, but what about flipping mobile homes? When the market goes down, doesnt the rental class shift down as well?
High-end rental -> mid rental -> low rental -> mobile homes?
Do you think it's still a good time to flip mobile homes?
I was just approved for my first heloc ever and I am super excited to use it to invest, but it seems like it couldn't come at a worse time. I want to use it in an investment that can repay the heloc for me so I can reuse it over and over again.
Let me know what you think! Thanks!