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Updated about 3 years ago,
BRRRR a Mobile Home?
Help?! Looking at a property in a tourist/STR destination. The property has an old but in decent condition Single Wide Manufactured home (does need some updating) with land included (not a mobile home park). I hoped to use the BRRRR strategy to get a good deal (I have a few possible channels for raising the cash). The problem is how do I find a financial institution who will cash out refi on the single wide (get the cash out)? maybe a mortgage on the land only? Any thoughts or insight is welcome. The property is in Arizona.