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Updated 10 months ago on . Most recent reply

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Bo Evans
  • Member since Oct 25, 2022
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Bo Evans's profile image
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Bo Evans
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Bo Evans
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Mobile Home Park Investing

Can you get a Equity Line of Credit on a MHP?

Bo Evans
Posted

Hey Everyone I have a specifically random question.


What is the process to getting a Line of Credit to a Mobile Home Park that is in a Joint Venture? Is it possible to pull out equity on my portion? 

We have a MHP that is worth around $700,000K I own 33.33% with a Debt of around $130,000.

Appreciate any and all help to get on the right road.

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