Mobile Home Park

Industry pros offer their experience in manufactured housing to help first time buyers to make informed decisions with confidence and peace of mind.
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Terry Ellis

Mobile Home Park

Post by Terry Ellis » Wed Dec 07, 2005 12:37 am

I own a mobile home park with 19 park owned homes. I own the land and the homes.I am looking for a lender to refinance my park in order to pull out some cash. Does anyone know of a place to get this done ? I would appreciate any help I could get. Please let me know the names and phone numbers of any lender that might could help me out. If you know someone and you are not sure if they will but you know they do mobile home loans, please give me their number and I will call and ask. Thanks for your help.........Terry Ellis

rmurray

Re: Mobile Home Park

Post by rmurray » Wed Dec 07, 2005 7:07 am

The place for this question is at the commercial loan office of your company bank..Most lenders here are housing lenders and only do primary housing loans not commercial loans...Take your business plan...2 years of tax records..and current P&L for this year with you to save you future trips to the bank..All will be needed...

David Oxhandler

Re: Mobile Home Park

Post by David Oxhandler » Wed Dec 07, 2005 7:08 am

For details about Government backed loans for Community purchase and upgrade get Eddie Hicks popular bookHow To Get An FHA Guaranteed Loan For Acquisition and Rehabilitation or Development of a MH Community This title is now also available in E-Book format for Instant Download webmaster

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