How to get Mobile Home Financing?

[Stephen Benson]

Ok Bigger Pockets wisdom givers, I have a problem that I am trying to get through. I have started off my real estate career off well with some mobile home purchases. I have 5 that I owner financed all together which so far has turned out great. My problem now is that I have found some others that are good and will cash flow but I don't really want to just pay cash and loss all my safety net. I can go and get a 3-5 year personal loan at 9% interest rate for 20K but that leaves me not meeting my criteria that I set up but it will pay off in 3-5 years then it will cash flow like a King. So I guess what I am asking is for some guidance or maybe recommendations on how to finance these and continue my cash flow chasing goals. Any wisdom from Y'all would be greatly appreciated thank you again in advance.

[Eric Nurmi]

@Stephen Benson I just spend time in Dallas with a friend who shared with me a strategy that could work for you on this. I’ve been a real estate broker for 15 years and although most of my business has been luxury and commercial, I had done several mobile homes too. I know they can be difficult to finance.