Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

351
Posts
220
Votes
Jim Keller
  • Investor
  • Riverside, CA
220
Votes |
351
Posts

First mobile home flip in California

Jim Keller
  • Investor
  • Riverside, CA
Posted

Been working for months to get short sale approved on a triple wide 443 mobile home thats 1,880 Sq ft and sits on a 70,000 Sq ft lot.  The bank has approved $184,000  and our contractor has given us a $39,000 repair price and we will be doing a complete transformation on the site and property.  

We are betting because of the size of the property we will get a buyer above $340,000 the property will have to be in tip top condition, but we will get it done.  

If there is anyone out there adding value to this type of structure let me know what worked well and what failed from the begainning.  Pictures to follow

Most Popular Reply

User Stats

351
Posts
220
Votes
Jim Keller
  • Investor
  • Riverside, CA
220
Votes |
351
Posts
Jim Keller
  • Investor
  • Riverside, CA
Replied

Hi all! 

Here is the marketing video we had done for the Mobile Home we flipped in Menifee, Ca. The construction was very different from a conventional home, and it took about an extra 3 weeks to complete.  I think all of you will like what we finished with, and the best news is, after just 5 days we have it in escrow as of last Friday.

www.31365pleasantvalley.com

 @Stephen McKee @Ben Andrews@Joe 

Loading replies...