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Updated over 7 years ago on . Most recent reply

Frank Calderone's profile image
Frank Calderone's profile image
Frank Calderone
  • from Orland Hills, Illinois
  • Member since Aug 27, 2017
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Frank Calderone's profile image
Frank Calderone's profile image
Frank Calderone
  • from Orland Hills, Illinois
  • Member since Aug 27, 2017
Connect
Frank Calderone
  • Orland Hills, IL
2
Votes |
9
Posts
Illinois Real Estate Q&A Discussion Forum

Look for financing a mobile home park with 20-25% down

Frank Calderone
  • Orland Hills, IL
Posted

Hello,

I am looking to finance a mobile home park in Illinois. I have 20-25% to put down. Purchase price is $295,000. Cap rate is ~12%. Can provide more numbers and financial background on myself. I have great credit ~790 (last I checked). No bankruptcy or defaults on loans.  Any recommendations on banks/lenders willing to finance the loan would be greatly appreciated. Thanks.

Frank

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