financing a small Mobil home park
hello everyone,
i am looking at paying a small ( 8 homes) mobil home park in Colorado, i have never done a deal like this before and i am wondering what kind of financing i can get after i buy it for cash, can i get my money back out of it or at least 70% with a commercial loan or something like that.
i as not looking for mobil parks but i have always been interested in them and flips are getting harder and harder to find with everyone doing them and also over paying for them, so when i saw this as a rental opportunity i thought i might try it, i have a few rentals as of now, and long term rentals in where i want to be. i am just flipping to raise capital to buy the right multi family .
any and all help with this would be great.
thank you so much Jason Eberhardt