Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
Loans for Mobile home rental units
I have a friend that is selling a nice single wide mobile home with a nice size lot and moving into a house he inherited. I have been told before that banks will not loan on mobile homes for rental properties. How are people financing these properties? I figured I could find a private loan to buy it. It would be a good rental unit and its really close to my other properties. Thanks for any suggestions
Most Popular Reply
Thanks @Dan Handford.
@Josh Taylor If the home and land are quality, I’d look into financing offered to buyers by 21st Mortgage or Vanderbilt. Both have loan programs to finance used mobile homes for new buyers.