Struggling to find financing in an RV Resort Park

[Joshua Wilson]

Good Morning Biggerpockets!

It has been ages...  too many times over the years have I popped up in here full of gusto to have plans and finances change forcing me to back out of investing notions for a while.  I told myself that I wouldn't come back into the forums until I was positioned and actively looking.

I'm so excited to be here today. The culmination of a few years of financial work by my wife and I. We've got $20k ready to go and an STR we're trying to lockdown. Maybe we didn't catch the explosive STR wave a couple of years ago but we love the combined personal and STR use concept for a vacation property. plus, this one is in a place we request as AirBnB guests because we like it.

So here's the deal. A ~5000 sq/ft pull-through lot with a 2016 5th wheel on it for ~$80k in Florida. Good HOA features, amenities, and management. (according to other owners in the park). What I'm finding is that this isn't something we can really finance. I've talked to two banks and a credit union. I'm hoping that the fine folks here at BP will have some thoughts.

Unfortunately, with all my equity and financial planning, I still can't pull that kind of money out of everything I have access to.  It seems like my best options are getting an $80k loan from a family or private lender.  I just don't want to pigeonhole myself until I know for sure.