Mobile home park loan for rehab

[Vicky Braun]

I currently own a mobile home park for the past 7 years - have managed/live on site. The homes were from the 50-60's and need to be replaced along with underground - started rehab - can't get funding - Paid $1,080,000 for park - current L/C holder will settle debt for $450,000 - We have over $300,000 of our own money into rehab - new layout - survey, home design, approvals, etc Park is 3.5 acres on Lake St. Clair with a steel seawall and boat launch - Have a plan in place to market to 55+ community - have my business plan - exit plan - total costs, etc, just need funding - I have 3 buyers waiting, but can't do anything if I am uncertain of the completion of the project. Last resort is going to be hard money - but that is risky because of costs - Would be willing to partner/JV with someone or open to any other suggestions - Thanks