Mobile home community

[Jeffrey Bland]

I have an opportunity to buy a mobile home community that does rent to own mobile homes.  I don't have the $500K(20%) to put down for a conventional loan.  I know I could probably go hard money but my concern is being able to refi into a normal bank loan within 6-12 months because I'm certain my equity won't be sufficient by then, even if I'm reinvesting all profits, and especially since the payments will be interest only.  Has anyone had any experience with this and would you help a fellow investor out please?

[Ryan Groene]

Im not a lawyer but i believe he wont be able to role his money into SFR's because it isn't a like assets. so you may be able to get some seller financing to lessen his tax bill....