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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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Mobile Home Park Investing
HomeForumsMobile Home Park InvestingMobile Home Park - Bank Financing
John Cornelius's profile image
John Cornelius's profile image
John Cornelius
  • from Florida
  • Member since May 15, 2019
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John Cornelius's profile image
John Cornelius's profile image
John Cornelius
  • from Florida
  • Member since May 15, 2019
Connect
John Cornelius
  • Florida
54
Votes |
73
Posts
Mobile Home Park Investing

Mobile Home Park - Bank Financing

John Cornelius
  • Florida
Posted May 20 2019, 20:27

Hi everyone,

I'm looking into some Mobile Home Parks in Florida and many are offering owner financing with a balloon payment. This is great to acquire the property, but there doesn't seem to be many banks to refinance into once the seller carry-back balloon occurs.  

How easy is it to refi with a traditional bank? 

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