Updated about 1 year ago on . Most recent reply
St. George UT mobile home flip
Investment Info:
Mobile home fix & flip investment.
Purchase price: $45,000
Cash invested: $48,000
Purchased this mobile home for $45,000, as-is value is $150,000. We will put about $2,000 into cosmetic updates and plan to resell it for $160,000-$175,000
What made you interested in investing in this type of deal?
The numbers were incredible
How did you find this deal and how did you negotiate it?
It was a FSBO that we negotiated with the seller
How did you finance this deal?
Cash
How did you add value to the deal?
We will be doing paint and floors as well as a few very minor repairs