Financing for Owners of Mobile Home Parks & Park Model Community

Financing for Owners of Mobile Home Parks & Park Model Community

Developer · Naples, FL · Member since 2018 · 7 posts · 2 votes

I live in Florida where Park Model Communities are everywhere catering to Snowbirds.  I am looking for a Financing Partner that can offer loans to the Owners for Homes, the transport, set up, and other park needs. Many are being revitalized and others replacing units destroyed by hurricanes.  I work with the dealer of the homes and my current financing is not covering the needs of any park that rents units requiring a lease or homes affixed to the foundation permanently.  Can anyone provide some feedback and suggestions for companies that can provide those funds?

Thank you!  

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  • Rental Property Investor · Glen Rock, NJ · Member since 2015 · 3k+ posts · 2k+ votes
    7y

    @Elizabeth A. Clark

    Consider doing the reverse engineering and searching through BP. You can try different options, things like MHP financing, HML, private lenders for MHP and etc...

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