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Updated about 5 years ago,

User Stats

4
Posts
1
Votes
Rhett Harper
  • Investor
  • Pocatello, ID
1
Votes |
4
Posts

4 Plex plus a Trailer

Rhett Harper
  • Investor
  • Pocatello, ID
Posted

So there is a 4plex that I am interested in. however the catch is that there is also a mobile home on the property.  No the mobile home is not one of the 4 units, it is completely separate.  Both the agent and the lender I typically use told me that would be a problem for getting a traditional loan.  I am just wondering what all of my options are.  I have a few Ideas below, but not sure if I can do them, or if there is other options that I am missing.

1. seller financing then remove the mobile home and refinance.

2. make an offer conditional on the current owner removing the mobile home.

3. pay cash and then refinance after removing the mobile home.  

Okay that is pretty much what I can think of.  

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