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Updated almost 4 years ago,
Non-Traditional Properties and Financing
So bear with me here - here's the plan, hoping y'all can help me figure out ideas for the best ways to fund/finance these type of deals -
Details:
LLC (I have a partner I'm working with) - our plan is to buy land and place modular, container style homes on the land and rent it out. Currently we have the cash in the bank to buy the land and not much past that, I know to get hard money loans that you flip to a mortgage or refinance post-construction you generally need a decent pile of cash in the bank, looking for ideas here on either type of lenders or better ways to approach this. Thanks!