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Updated over 1 year ago,
Feasibility/Options for funding property.
I'm looking for Ideas, options, and input that might allow me to purchase a property that as I understand can't be conventionally financed due to the age and condition of the park model mobile home and the manufactured home that currently sit on the property. There is also an existing insulated steel building on the property that possibly could be financed but for the two other structures. All three are currently rented out and would not quite cover the expenses (about 700.00 short).
What I currently have is 2 residential lots with all utilities and currently producing around 2,500.00 monthly after expenses (Properties are free and clear).
What options, ideas, and direction would y'all suggest do or not do.
Thank you for any input!!!