Force appraisal value, then recycle your capital
BRRRR Investor
You buy, place, improve, rent, refinance, and repeat. Velocity of capital is everything.
The strategy
BRRRR with manufactured housing works when the home is titled as real property on a permanent foundation. Total all-in cost stays well below appraised value, letting you pull most of your capital back out.
- Convert title to real property before refinance
- Permanent foundation and site-built porches lift appraisals
- Bundle land and home into one appraisal package
- Line up your refinance lender before you order
Example economics
- arv
- $205,000
- cash flow
- $610/month
- all in cost
- $155,000
- capital recycled
- 82.0%
Illustrative example only. Figures use hypothetical assumptions to demonstrate how an investor might evaluate a project. Actual home prices, site costs, rents, financing terms, and returns vary by project.
Get StartedUnderwrite it
Model the returns
Adjust the assumptions for your county and financing terms.
Project costs
Income & operating
Financing
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Project analysis
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Cash invested $0
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DSCR
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Many investment-property lenders may look for a DSCR around 1.25 or higher. Requirements vary by lender and loan program.
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Get StartedPlanning tool only. Project-cost assumptions are entered by the user. MHA sells manufactured homes and coordinates delivery; installation, foundation, site work, septic, utilities, permits, financing, and other project services are arranged independently by the customer.