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Updated over 2 years ago on . Most recent reply

User Stats

83
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25
Votes
Matt Ridenour
  • Rental Property Investor
  • Michigan
25
Votes |
83
Posts

Tiny House Financing

Matt Ridenour
  • Rental Property Investor
  • Michigan
Posted

Hi everyone.  I'm purchasing a tiny house from my local high school building trades program for 55k.  I'm paying cash for it up front but would like to finance it to free my cash.  Looking for some ideas on mortgage companies to contact.  My go-to lender can't do it.  

This will be an Airbnb on a vacant lot I own next to another airbnb.  

Thanks for any advice!

Most Popular Reply

User Stats

1,584
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1,055
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Jay Hurst
  • Lender
  • Dallas, TX
1,055
Votes |
1,584
Posts
Jay Hurst
  • Lender
  • Dallas, TX
Replied

@Matt Ridenour    The tiny house would likely be considered chattel, therefore not real property.   You might have better luck getting a loan against the lot. 

  • Jay Hurst
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Hurst Real Estate, INC
4.9 stars
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