Mobile home financing opportunities (Bozeman, MT)

[Alden Antonucci]

HELP! Financing mobile home problem. I'm looking for a hard cash lender willing to finance mobile homes (on rented lots) to my buyers. I buy, sell mobile homes and have been doing it for 5 years now. I've done 30+ transactions. My hobby Business has doubled in the last 6 months due to the lack of affordable housing in my region...so I'm stepping it up a level. I have 5-10 + clients a day inquiring about a mobile home and willing to pay whatever it takes if I offered financing. Rent prices are amazingly high if you can actually find one. Most of my clients have $10-20k as a deposit. Banks are requiring 30%+ down. Most of my inventory is $60k-$120k. So incidentally 90% of my buyers are just out of the range of having enough deposit for a loan. Its hindering the growth of my business as my client list grows and demand is increasing. I'm looking for advice and a hard cash lender willing to grow together. Thank you

Current inventory is 6 mobile homes on rented lots median home price is $90,000.