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Updated over 5 years ago, 07/13/2019

Troy F.'s profile image
Troy F.'s profile image
Troy F.
Pro Member
  • Investor
  • from Asbury, IA
  • Member since Dec 18, 2018
  • Posts 73
  • Votes 26
  • Experience 6 Yrs
  • Investments 1
Connect

User Stats

73
Posts
26
Votes
Troy F.'s profile image
Troy F.'s profile image
Troy F.
Pro Member
  • Investor
  • from Asbury, IA
  • Member since Dec 18, 2018
  • Posts 73
  • Votes 26
  • Experience 6 Yrs
  • Investments 1
Connect
Troy F.
Pro Member
  • Investor
  • Asbury, IA
26
Votes |
73
Posts
Private Lending & Conventional Mortgage Advice

How do you finance a trailer built before 1976?

Troy F.
Pro Member
  • Investor
  • Asbury, IA
Posted

I am purchasing a trailer to flip but it was built in 1972. On paper the potential profit looks great. However, The lender tells me Sally Mae won’t finance trailers built before 1976. Am I purchasing a dead end deal that no single family will be able to finance?

It’s hard to walk away from such a great deal.

  • Troy F.
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