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Updated over 8 years ago,
Looking For Private Lender - Central Texas
I'm an investor focusing on rehabs and buy and hold. Currently working the New Braunfels, Canyon Lake, Seguin and San Marcos markets in Central Texas.
I've got a great deal that I can wholesale to my mentor, but really want to have it as my first rental. It's a manufactured home on land that needs to be rehabbed and will cash flow well.
I'm in search of a private lender/equity partner to work closely with on a 7 year note to fund this opportunity. I can provide a property report with all significant figures.
Does anyone have any feedback on how they've sourced their financing for mobile home rentals? Seems that a great deal of people don't see the opportunity in them. Would be open to any help and advice.