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Updated over 5 years ago on . Most recent reply

Brandon Bayles's profile image
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Brandon Bayles
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Brandon Bayles's profile image
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Brandon Bayles
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Brandon Bayles
1
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5
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Starting Out

Mobile Home Refi or Term/Rate in Texas?

Brandon Bayles
Posted

I am having trouble finding any lenders who will do a refi or a term/rate on a mobile home I purchased and placed on the land? I really would prefer to grab my cash out which is less then 75% of ARV than doing owner finance. Are there lenders that offer such products on mobile homes or is my only option to do a owner finance? I am a new investor and somebody convinced me this was a good deal. Come to find out FHA won't finance a mobile home that has been moved >2 times which this one has.

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Brandon Bayles's profile image
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Brandon Bayles
  • Member since Jul 9, 2019
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Brandon Bayles
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Brandon Bayles
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Brandon Bayles
Replied

@Rachel H. That is a great idea that never crossed my mind. I sure appreciate your reply!

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