Updated almost 7 years ago on . Most recent reply
Need Money/Lending for Mobile Homes (for brrr)
I control a 42 unit mobile home park through my LLC. Demand is crazy high for homes. I have sold two before finishing the rehabs or listing them for sale, one about a week after completing.
Here is my problem. I need cash to hurry up and buy 10-12 used mobiles then refinance the entire park.
Does anyone know of a way I could get my hands on $100-130k without refinancing the park? I would prefer to only do that once. I am hoping, through the magic of Bigger Pockets, there is an option I haven't considered.
Crowdfunding? Private Equity? Hard Money?
Most Popular Reply
Use 21st and their CASH program. Pull in new home, sell them then refi. Just a thought...