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Updated over 6 years ago on . Most recent reply

User Stats

14
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1
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Alex Kouramanis
  • Full Time Investor
  • Toronto, Ontario
1
Votes |
14
Posts

Modular Home flip model

Alex Kouramanis
  • Full Time Investor
  • Toronto, Ontario
Posted

Hello fellow investors!

My partner and I are flippers in Ontario. We are investigating a new business model and wanted to know if anyone is already doing this and if they would reach out to share their experience.

The model is as follows: Buy land, clear it, add well, septic and a foundation or pad. Then, buy a high end modular home, plop it on the land and sell as a new built home.

Obviously there will be little details here or there to work out, but pretty simple, straight forward model. Just wondering if anyone else has done or is currently doing this and what their results were.

Thanks and happy investing!!

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