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Updated over 5 years ago,
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