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Updated over 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.