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Updated almost 2 years ago, 02/22/2023

User Stats

64
Posts
15
Votes
Carolina Mejia
  • New to Real Estate
  • Duluth, GA
15
Votes |
64
Posts

Financing for investment 4 single wide trailers

Carolina Mejia
  • New to Real Estate
  • Duluth, GA
Posted

Ok, I got my first counter offer. I was able to get $35k off of the asking price. $165k is what we ended up on. It's a group of 4 trailers built in 2017 sitting on .70 acres of land in a rural part of GA. 1bed/1bath single wide trailers with HVAC and city sewer & water. They are all move in ready. I called a lender and they do not offer financing for the trailers since they are single wide. I'm going to keep calling but I am reaching out here to see if anyone knows any lenders - this is for investment purposes and i won't be living there. Any ideas?

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