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Updated almost 6 years ago on . Most recent reply

User Stats

94
Posts
40
Votes
Brandon Cravens
  • Investor
  • Houston, TX
40
Votes |
94
Posts

Need Money/Lending for Mobile Homes (for brrr)

Brandon Cravens
  • Investor
  • Houston, TX
Posted

I control a 42 unit mobile home park through my LLC. Demand is crazy high for homes. I have sold two before finishing the rehabs or listing them for sale, one about a week after completing.

Here is my problem.  I need cash to hurry up and buy 10-12 used mobiles then refinance the entire park. 

Does anyone know of a way I could get my hands on $100-130k without refinancing the park? I would prefer to only do that once.  I am hoping, through the magic of Bigger Pockets, there is an option I haven't considered. 

Crowdfunding? Private Equity? Hard Money? 

Most Popular Reply

User Stats

355
Posts
324
Votes
Jim Johnson
  • Rental Property Investor
  • Denver, CO
324
Votes |
355
Posts
Jim Johnson
  • Rental Property Investor
  • Denver, CO
Replied

Use 21st and their CASH program. Pull in new home, sell them then refi. Just a thought...

  • Jim Johnson
  • Loading replies...