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Updated about 1 year ago on . Most recent reply

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Mark Walker
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Mark Walker
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Mark Walker
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Mortgage Brokers & Lenders

Financing for a self storage & mobile home park property

Mark Walker
Posted

What types of loans are available for a property of this type? DSCR? Other traditional CRE?

Thank you

Mark Walker

Birmingham, Alabama
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Logan M.
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Logan M.
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Logan M.
  • Investor
  • Provo, UT
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Quote from @Simmy Ahluwalia:

@Mark Walker - There are no conventional "dscr" loans for SS and MHP; however, the actual metric still applies when evaluating the physical ratio performance of the asset classes.

Private banks are really the way to go here and leverage is determined based on POH vs. TOH, location, age/quality of the assets, etc...


I have a DSCR lender for MHPS

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