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Private Lending & Conventional Mortgage Advice

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4
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Parker C. Snow
  • Specialist
  • Anaheim, CA
4
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15
Posts

Need a hard money lender asap for $65k

Parker C. Snow
  • Specialist
  • Anaheim, CA
Posted Apr 25 2024, 13:23

I have the opportunity to buy an off market double wide manufactured home for half of market value, but because it was built prior to 1976 I can’t get anyone to lend on it. Seller is hesitant to do seller financing as he is 71 years old, and a personal loan isn’t an option because I’m buying real estate 

Please help

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2,028
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1,046
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Joe Homs
  • Flipper
  • Mission Viejo, CA
1,046
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2,028
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Joe Homs
  • Flipper
  • Mission Viejo, CA
Replied Apr 25 2024, 14:32

@Parker C. Snow is this mobile home in a park and do they own the land under it?  What is your goal with this?  If in a park is the park cooperating with the end user, restrictions, raising park rent...

Lot of moving parts, but worth a discussion if you wish.

Good Investing...

User Stats

59
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10
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Brandon Croucier
Lender
  • Lender
  • Dallas TX
10
Votes |
59
Posts
Brandon Croucier
Lender
  • Lender
  • Dallas TX
Replied Apr 26 2024, 12:18

If its affixed to the land I have a product for you. Let's connect.

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