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Updated about 2 years ago on . Most recent reply

Kelly Ryan's profile image
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Kelly Ryan
  • Member since Sep 20, 2018
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Kelly Ryan's profile image
Kelly Ryan's profile image
Kelly Ryan
  • Member since Sep 20, 2018
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Kelly Ryan
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5
Posts
Mobile Home Park Investing

Trouble finding financing

Kelly Ryan
Posted

Property has a 750sqft block home and a double wide, which sits on a lot just under 1 acre. The block home has a tenant , but double wide is uninhabitable.  The property is zoned multifamily - mobile home park. Zoning allows to add 5 additional mobile homes. Residential lenders won't help because it has the mobile park zoning. Commercial lenders won't help because its not a new site.

Any recommendations on how I can get long term financing?

Mesa, Arizona
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