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Updated almost 5 years ago on . Most recent reply

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Thaddeus Koster
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Seeking the most creative loan person for unloanable deal

Thaddeus Koster
Posted

Last year I bought a very oddball property, a tiny grandfathered in nonconforming mobile home park. 4 units, all park owned and too old. Livable though. 

anyway I used private money to buy it along with my 45% down, and that loan is ballooning soon. Looking to refinance and having a hell of a time finding anyone to look at it.

Hoping someone has a lead on a really amazing lender/broker etc 

I have the option of replacing one of the units with a new mobile or stick built, or replacing all mobiles with new... for the cost and this location any and all options would work out financially. I just need a few years on a loan to pay it off. 

I can afford pretty high interest but obviously I’d like an option that’s not double digits. 

Any leads are much appreciated!

oh yeah this is in Olympia WA

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