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Updated over 4 years ago,
Buying a Manufactured home
I’m finishing up my live in flip and found a property to make my new primary. But there’s a problem and I’ve come here as a last resort for any ideas I haven’t thought of... it’s a manufactured home that needs about 30k in repairs and was built in the 90’s. Final and best offer is due tomorrow and I thought I had a lender lined up until last minute they tell me they aren’t able to do the conventional rehab loan on a manufactured home.. I really want this property mostly because there aren’t any neighbors and it has over 15 acres for a good price.
I’ve tried 3 different lenders between conventional loan and 203k loan and no luck...
Any ideas to get me in this house are greatly appreciated.