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Updated over 1 year ago on . Most recent reply

User Stats

18
Posts
13
Votes
Britney Ross
  • Investor
  • Wilmington, NC
13
Votes |
18
Posts

Mobile Home Park lenders

Britney Ross
  • Investor
  • Wilmington, NC
Posted

Are there any lenders out there that work mobile home park purchases?

  • Britney Ross
  • Most Popular Reply

    User Stats

    342
    Posts
    142
    Votes
    Mitchlyn D.
    • Rental Property Investor
    • Jacksonville, FL
    142
    Votes |
    342
    Posts
    Mitchlyn D.
    • Rental Property Investor
    • Jacksonville, FL
    Replied

    @Britney Ross - The local Credit Union in that area would be ideal.  Based on my research, most lenders have a framework when providing financing.  For example, there is a minimum pad amount, the road has to be paved or gravel, 80% of the homes have to be Tenant Owned Homes, etc..  So as @Logan M. mentioned, a local credit union if possible!  

    Or owner finance that baby!!  😃

    Loading replies...