Buy Vacant Land and Flip Brand New Mobile Homes for $40K Profit w/ Chris Gavre

About this episode

Chris Gavre discusses how to buy vacant land and flip brand new mobile homes for significant profit using FHA financing.

Chris Gavre breaks down how to buy vacant land and flip brand new mobile homes for $40K per deal using FHA financing and a repeatable 4-month system. In this episode of RealDealChat, Jack Hoss sits down with Chris Gavre of The Land Sharks to unpack one of the most underrated strategies in real estate investing right now: buying raw vacant land, placing a brand new manufactured home on it, making it FHA compliant, and selling it for $40,000+ in net profit per deal. Chris and his partner Robert have done 50-60 of these in a single year with a lean two-person operation. Topics covered in this episode: Why this strategy out-performs traditional house flipping on predictability and margins How to source vacant land using zoned and filtered county data The FHA compliance process: detitling, brick skirting, and the engineer certification What a double wide costs wholesale from manufacturers like Clayton and Champion ($62-72K) How to net $40-45K per deal with total development costs around $40-50K The 4-month timeline from land purchase to closed sale Why 95% of buyers use FHA financing and what that means for your exit How to fund these deals when hard money lenders have never heard of…

People in this episode

Host: Jack Hoss

Guest: Chris Gavre

Topics covered

• vacant land
• mobile homes
• FHA financing
• real estate investing
• house flipping
• profit strategies
• development process

Keywords

• vacant land
• mobile homes
• FHA compliance
• real estate
• profit
• house flipping
• development costs
• financing
• zoning
• permitting

Mentioned in this episode

Organizations: The Land Sharks, Clayton, Champion

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