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Updated over 5 years ago on . Most recent reply

Donald Torrence's profile image
Donald Torrence's profile image
Donald Torrence
  • Wholesaler
  • from East Chicago, IN
  • Member since Nov 20, 2016
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User Stats

38
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5
Votes
Donald Torrence's profile image
Donald Torrence's profile image
Donald Torrence
  • Wholesaler
  • from East Chicago, IN
  • Member since Nov 20, 2016
Connect
Donald Torrence
  • Wholesaler
  • East Chicago, IN
5
Votes |
38
Posts
Mobile Home Park Investing

Funding for mobile homes and portfolio

Donald Torrence
  • Wholesaler
  • East Chicago, IN
Posted

Hey BP,

I have a question. Is there any lender that would fund a deal with the seller holding a second for 25% on an MHP purchase or a portfolio of houses making the deal 100% finance? I am in Indiana where the properties are located and most of the lender that I would normally use do not allow seller seconds. How can you grow if you don't do creative deals? It is a low amount of lenders that understand what an investor is doing with creative real estate.

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