Completed my build in Oxford NC today! This was my first time using a drywall finished home and I'm really excited to see how the market responds to this. We came in a little over budget because of some issues with our well (we expected to hit water at 250 ft, didn't actually get there until close to 500 ft!) and had a few other hiccups along the way, but we made it! We still need to finish the gravel walkway from the driveway to the front steps, as well as a 12x15 patio off the back steps (we chose not to do a deck on this one), and then staging and pictures, which should all be done by early next week! More info to come on total expenses but looking close to 230k all in and targeting a 290K exit. This is a 1600 sq ft, drywall finished home sitting on over 4 acres in a really nice, quiet neighborhood in Oxford. Less than a month ago, a 1600 sq ft, entry level wall-board home built in 2021 sold for $275k on 3 acres, so I feel good about where we are positioned! But lets see what the market says!

The final version of the bill includes the following provisions: - Adds reforms to housing counseling agencies conducting educational programs - Expands access to lower-value (called "small dollar") FHA mortgages under $100,000. - Creates a program for whole-home repair grants and forgivable loans - Simplifies and expands government planning processes associated with affordable housing - Creates a $200 million grant program that aims to increase housing supply - Allows for simplified approval for pre-reviewed housing designs to stimulate construction - Updates FHA maximum loan limits for multifamily mortgages - Eliminates the permanent chassis requirement for manufactured homes and seeks to reduce financing friction for modular housing - Increases the FHA loan limits for manufactured housing loans - Loosens restrictions on small bank mortgage lending - Supports the opening of new community banks and credit unions - Restricts institutional investors that own at least 350 single-family homes from buying additional properties, with some exemptions - I'M NOT SURE WHEN THE MANUFACTURES WILL ELIMINATE THE PERMANENT CHASSIS REQUIREMENT AND IF THIS ONLY HELPS FOR 2 STORY UNITS.

How do you budget for clearing the land? I'm looking at this property in Greensboro and it looks like a big job. It's about 1.8 acres.

Hi everyone. I’ve been a land flipper for 8 years, I own 6 storage facilities and joined this group about a month ago. I jumped right to the video course and ended up buying a lot in NC Sean posted about in this group a few days after I joined that Cali had under contract. Closed on the lot last week and just placed my order for the home today! Looking forward to learning this process to hopefully scale up to do 5-10 of these a year. But we’ll see how the first one goes! Thanks Sean for all your help on this first one!

Welcome to Land Home Package Investing. I'm Sean - licensed MH dealer in Raleigh, North Carolina! I built this community to teach the complete Raw Land → Certificate of Occupancy system I use on every deal. But this isn't just about learning, it's about connecting with people who can help you execute deals. HERE'S HOW TO GET STARTED: STEP 1: DOWNLOAD THE SKOOL APP Stay up to date with messages and notifications through the App! STEP 2: INTRODUCE YOURSELF BELOW Drop a comment with: Location: What market(s) are you working in or targeting? Your Role: What are you bringing to the table? Capital (ready to fund deals) Execution (GC, contractor, project management) Deal sourcing (finding land, off-market connections) MH dealer connections Realtor/broker (can list/sell finished projects) Other skills? What You Need: What would help you get your first deal done (or scale)? Capital partners Someone to manage construction Help finding land Contractor referrals in your area Just learning the process Open to Partnerships? Yes / No / Maybe STEP 3: CHECK OUT THE CLASSROOM Click "Classroom" at the top. Start with: The Land-Home Package Model: A Case Study (338 Lester Drive breakdown) Finding the Right Land Understanding Manufactured Housing STEP 4: DOWNLOAD THE RESOURCES Go to "Land Home Package Checklists" in the Classroom. Download the PDF checklist and budget template. Use them on every project. STEP 5: JOIN THE WEEKLY Q&A Every Thursday, 10am EST. Bring your questions - specific deals, permitting issues, working with dealers, whatever you're stuck on. Link is in the Calendar tab.