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Updated over 6 years ago on . Most recent reply

User Stats

32
Posts
2
Votes
Devin A Hanley
  • Rental Property Investor
  • King County, Wa.
2
Votes |
32
Posts

Lenders for a mobile home park?

Devin A Hanley
  • Rental Property Investor
  • King County, Wa.
Posted

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  

  • Devin A Hanley
  • Most Popular Reply

    User Stats

    260
    Posts
    245
    Votes
    Ian Tudor
    • Specialist
    • Charlotte, NC
    245
    Votes |
    260
    Posts
    Ian Tudor
    • Specialist
    • Charlotte, NC
    Replied

    @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. 

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