ANYONE WITH EXPERIENCE WITH PRE FABRICATED SFH? Some Insight Would Be Helpful
I am a fairly new (2.5 years) BRRR investor in the Pittsburgh Area and I've found myself in a tough situation where a property I bought at the sheriff sale (sight unseen …. I know 🫠) was condemned.
I just had a structural engineer and a professional builder come out and the general advice is to tear down the structure due to major foundation issues that will be costly to address.
I am now considering replacing the structure with a pre-fabricated SFH due to financial restraints.
Has anyone used this option before? Any recommendations for companies that are easy to work with? Reasonable prices? Reasonable turnaround time for getting the pre fab onto the job site?
I have so many questions!
Most Popular Reply
- Real Estate Agent
- Cranberry Twp
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I haven't done a lot of this on the investment side but I have done a lot of this on the real estate broker side. I will say that on average you get 20-30% lower rents then market rent and 25-40% lower resale prices with a prefab. I just dont think it's a great investment strategy. I would recommend either a local builder who can work with you on the cost or amish build depending on where it's located. If you need any help I can surely try but I personally would stay away from prefab as an investment option.
- Elise Bickel Tauber