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13 November 2024 | 23 replies
To be fair however, I'm looking for permanent debt on a mobile home park I own in which the trailers are also included in what I own.
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15 November 2024 | 4 replies
Hi Luca,a rate/term bridge with rehab budget would be your best bet. there would be no PPP's since it's a bridge, you'd be able to pay off the existing lien, and you'd get your funds to do some renovations to the property.I should be able to help with this, but I'd need more information on the property and how much in rehab you are looking to do.
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15 November 2024 | 12 replies
If you can hang on into next spring/summer I bet you'll get better rents or be able to sell.How about asking your lender to push a monthly payment to the end of your term for the purpose of fixing the asset?
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11 November 2024 | 29 replies
Adam I bet dollars to donuts this is not CA property sounds like D class rust belt or mid west.Chicago etc.
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15 November 2024 | 3 replies
His suggestion was to wholesale it because he believed that for the purchase price of $90K, it'd be a relatively safe bet with a good margin.So, my question is: How do I get cash buyers or "buyers lists"?
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7 November 2024 | 7 replies
You may have seen my other posts in here related to a small mobile home park with 1 ranch home and 5 mobile homes.I have been waiting on the information regarding the septic design of this property for months.
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11 November 2024 | 2 replies
I have a chance to acquire a property that includes a mobile home park (100% leased) and a separate multifamily property.
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14 November 2024 | 21 replies
Your best bet is to invest in growing areas that are landlord friendly and where you can either connect with or build a good team yourself- realtor, property managment, contractors, etc.
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14 November 2024 | 4 replies
The best bet is to talk to a small local bank (or three) about your options.
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14 November 2024 | 13 replies
A local broker will be your best bet.