About this episode

In this episode, Bill Allen discusses the current state of flipping profits and introduces the Scrape and Replace Method as a lucrative strategy in the mobile home market.

Flip Profits Hit 2008 Lows. Mobile Homes Are The Fix Flipping profits just hit their lowest point since 2008. The average flip is sitting 163 days from purchase to close, contractor surprises are chewing through margin, and most flippers are working harder for thinner spreads than they were two years ago. Meanwhile, one strategy is moving product in days... with margins most flippers wouldn't believe and almost zero competition. In this episode, I break down the Scrape and Replace Method my team has been running. What it is, why nobody else is touching it, and the one date in 1976 that creates the entire opportunity. We cover:  - "Retiring the title,” -  the legal step that converts the home into real property and opens up 30-year mortgage buyers - The one-word name change that gets you top dollar on resale - The all-in number on a typical Scrape-and-Replace deal... and the $30K to $100K profit spread on the back end - The Fairhope, Alabama flip that ballooned from a $40K rehab to $85K, and slowly bled out to $360K over 12 months - The 4 reasons nobody else is competing in this niche... and more! This episode covers the concept. The workshop covers the blueprint.&nbsp…

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