So hard to find funding for mobile homes?
Hello, I'm venturing into mobile buy and hold and I have yet to find a lender that would lend on mobile homes...It seems that the requirement is for the mobile homes to be attached. How about if you buy mobiles that you want to rehabbed and then find a buyer before moving the homes to the location where the buyer lives. The lenders I talked with seem to have never heard of that concept. But it just make sense...why tie yourself to a park when you have buyers all over that state who wants to buy your mobile home?...Hope you can advise me on that and maybe direct me to some lenders. Thank you.