Manufactured home flip loans — Florida market example. Jaken finances manufactured home fix and flip projects nationwide in all 50 states when the home is real property on owned land. National program: mobile home fix and flip loans.
Florida offers inland rural and exurban inventory at $70K–$160K acquisition bases — spreads that compress on stick-built SFR in the same counties. Wind and flood insurance since 2022 makes inland diligence mandatory before LOI.
DSCR hold exit: DSCR loans for manufactured homes · Florida DSCR
Florida market fit
| Market | Why it works | Diligence |
|---|---|---|
| Marion / Polk / Levy | Inland acreage + MH | Flood, well/septic |
| Panhandle I-10 corridor | Lower basis | Hurricane insurance quotes |
| Central FL exurban | FHA buyer pool | Foundation + HUD labels |
| Coastal counties | Higher ARV potential | Insurance NOI drag |
Chattel vs real property: chattel vs real property guide
Jaken terms (Florida manufactured flip)
| Parameter | Range |
|---|---|
| Rates | 8.99%–13.5% IO |
| LTC | Up to 90% purchase + 100% rehab |
| ARV cap | 75% |
| Close | 7–10 business days |
| Collateral | Owned land + affixed home |
Worked example — Marion County double-wide
| Line | Amount |
|---|---|
| Purchase | $95,000 — 2001 double-wide on 0.5 acres |
| Rehab | $38,000 — HVAC, roof-over, kitchen, skirting |
| ARV | $168,000 |
| Hard money | 87% LTC + full rehab holdback |
| Hold | 8 months |
| Exit | FHA owner-occupant at $165,000 |
Florida diligence checklist
- FEMA flood zone and elevation certificate — AE zones on coastal and river parcels
- Wind insurance quote in pro forma — Citizens or private market; inland vs coastal spread
- Real property title — affixation recorded before hard money close
- HUD data plate + permanent foundation letter — required for FHA retail exit
- Well + septic capacity — common on Marion/Polk acreage; verify for expansion
- Real-property comps only — do not import stick-built MLS sales into ARV
Florida insurance and flood risk
Since 2022, Florida insurance premiums materially affect flip economics on coastal and low-elevation parcels. Inland Marion, Polk, and Levy counties typically carry lower wind and flood load than Gulf or Atlantic coast — but lenders still require current quotes in the file. AE-zone parcels may see conservative ARV haircuts or lower LTC until elevation and mitigation are documented.
Exit alternatives
| Exit | When |
|---|---|
| Retail flip (FHA/VA) | Permanent foundation, HUD labels, inland insurance support |
| BRRRR hold | DSCR loans Florida after lease-up at 1.20+ DSCR |
| Wholesale | Assign if end buyer has hard money pre-approval on real property |
Exit and refinance path
Inland Marion, Polk, and Levy counties offer lower wind and flood insurance load than coastal — but lenders still require current quotes in file. AE-zone parcels may see conservative ARV haircuts until elevation certificate and mitigation documented. BRRRR hold path: DSCR loans Florida when retail flip spread compresses below target margin.