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All Forum Posts by: Victor Turchany

Victor Turchany has started 1 posts and replied 2 times.

Classifieds

Post: Mobile MSA Small TOH MHP Lending

Victor Turchany
Posted
  • Rental Property Investor
  • Netherlands
  • Posts 3
  • Votes 0
Quote from @Simmy Ahluwalia:

Yes, this is doable with us.  Is your plan to replace the 1 vacancy and fill the 2 empty pads?  Once stabilized, we can look at a 30 year, fully amortizing loan.  

Yes it is. Over the course of 2 years to knock that out with a slight rent raise to match market. 
0 Votes
Mobile, Alabama
Classifieds

Post: Mobile MSA Small TOH MHP Lending

Victor Turchany
Posted
  • Rental Property Investor
  • Netherlands
  • Posts 3
  • Votes 0

I’m looking for lending options for a 7 Unit Tenant Owned Home Park in Mobile AL MSA. It’s a total of 7 TOH, 1 Vacant, 2 empty pads.
-NOI is roughly 25k. PP is 175k
-Small Deal but looking for options as I will have my short term HML only for the 1st year and will need to exit into something longer.

Anyone have any brokers, lenders, private money options?

0 Votes
Mobile, Alabama