Updated about 1 year ago on . Most recent reply
Financing a mobile home and using an LLC?
We are looking at buying a park model home and land. We want to finance it, but the lenders like 21st mortgage will not loan if it's an LLC.
We are wondering how we can finance a mobile home + land but have it under an LLC instead of our personal names.
This is because we plan to Airbnb it.
Also it is a park model which is considered and RV due to it being 399sq ft.
Most Popular Reply

Check with your local community bank and credit union. You may have to talk with a lot, but typically every town has one that will finance them for you.
I suggest building relationships for private money, this is how we fund out mobile home with land deals which we buy.