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Updated over 2 years ago on . Most recent reply

Christian Walker's profile image
Christian Walker's profile image
Christian Walker
  • Investor
  • from South East Texas
  • Member since Feb 28, 2019
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Christian Walker's profile image
Christian Walker's profile image
Christian Walker
  • Investor
  • from South East Texas
  • Member since Feb 28, 2019
Connect
Christian Walker
  • Investor
  • South East Texas
11
Votes |
65
Posts
Private Lending & Conventional Mortgage Advice

What kind of loan terms are usually given with RV parks

Christian Walker
  • Investor
  • South East Texas
Posted

Hi, I am looking into purchasing an RV park. I am wondering what terms there are for these kind of loans. Thanks in advance!

Houston, Texas
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Nick Belsky's profile image
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Nick Belsky
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Nick Belsky
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Nick Belsky
Lender
Pro Member
  • Residential and Commercial Broker
628
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Nick Belsky
Lender
Pro Member
  • Residential and Commercial Broker
Replied

@Christian Walker

I usually see these at 70-75LTV on 30 year fixed rates between 9-11% at par pricing.  No cash flow requirements if the loan is under $750k and no lender points.

Cheers!

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