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Mobile Home Park Investing

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Chris McDaniel
  • Investor
  • Crosby, TX
71
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124
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Typical MHP closing costs?

Chris McDaniel
  • Investor
  • Crosby, TX
Posted Nov 11 2017, 20:04
Howdy BP friends. I have recently decided to shift my business focus away from the typical MF and SFR to mobile home parks. I have a good handle on bank financing when it comes to single family, but I have no idea what to expect for closing costs on a MHP. Can some one give me an estimate or help me understand what closing costs would be for bank financing on a park with a sales price of around 750k? Or if you have real numbers from a recent deal you can share, that would be awesome! Thanks!

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