| Generating Cash Flow with Mobile Homes | |
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I wanted to submit a short example of two of the successes my partner and I have had in the mobile home "flipping" business. At the beginning of this year we purchased a used 1975 mobile for $800 and re-sold it on a contract for $5,000. As of next Monday, we will have recovered our investment and have a 50% profit already, and this is only the first six months of the contract! In April, we purchased another 1975 mobile for $778 and just re-sold it for $5,000 on a contract. With the down payment and first month's payment, we have already recovered 59% of our investment. In just under three months we will have recovered our investment and will be making pure profits! Used mobile homes are a wonderful way to generate cash flow for investing in other real property. Best regards, Aaron Taylor [Return to Menu] | |