HUD Manufactured Home Rehab
One key to financial success with HUD repos is to get them fixed up and ready for sale/occupancy as quickly and cheaply as possible. Buying right and sales skills are important, but spending to much on renovation and taking to long to get the work done have sucked all the profits out of many projects. As your margins shrink your sale options decrease. If you aren't careful you will find yourself in the nasty position where a cash sale at full retail is the only offer you can accept. If you are buying the property to live in yourself the delay and costs can quickly bleed you dry.
On this site we will use before and after pictures of actual rehab projects and reveal tricks experienced renovators use to cut costs and speed the rehab process. There are lots of choices and tradeoffs possible; the correct ones depend on your market and the planned end use of the home. For example, an owner occupant may choose more expensive materials than a flipper selling to a credit challanged buyer.
These suggestions are not just for HUD homes of course, anyone thinking of renovating a manufactured home can save time and money with these tricks.