Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply
Lenders for a mobile home park?
Hello,
I am am expecting to soon be under contract for a mobile home park. I was wondering if anyone on here has had a good experience with a particular lender? I currently have all but $70,000 of the funds needed for the purchase. But, depending on how the loan is structured I may prefer to borrow up to $174k.
If anyone on here is also interested in partnering I may be interested in that as well. However you will need to have experience in this field already.
Thank you very much for any info or insights into this! I hope you have a great day!
Devin Hanley
Most Popular Reply
@Devin
@Devin A Hanley - Where is the park located? If it is in a small town and small purchase price, cold call any bank within 50 miles.
If location is desirable and over $1mm, you will have many more options.