All Forum Posts by: Lance Young

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Lance Young has started 2 posts and replied 2 times.

I am trying to find out what reasonable funding options exist for this property. Located just north of denver, CO. 2003 Champion mobile home in a community on leased land and vacant. In very good condition. I just sold my house for $445k - downsizing.

It looks just like a stick built house in a sub-division and it is on a foundation with 2 car attached garage. Purged title. Appraised 180,000 they are asking $161k because of the funding difficulties. I have 10k down and excellent credit. Got a loan approval through 21st mortgage for 9% and 4.75% origination fee. Needless to say I won't do that. I hoping folks here have some ideas or others funding sources.

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I live near Denver and am new to real estate investing. I am very anxious and motivated to learn how to profit safely and transition out of my "job". Your sharing and kindness would be appreciated - please be patient.

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