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Updated almost 7 years ago on . Most recent reply

Dominick Dahmen's profile image
Dominick Dahmen's profile image
Dominick Dahmen
  • Financial Advisor
  • from Buffalo, Minnesota
  • Member since Oct 26, 2016

User Stats

53
Posts
5
Votes
Dominick Dahmen's profile image
Dominick Dahmen's profile image
Dominick Dahmen
  • Financial Advisor
  • from Buffalo, Minnesota
  • Member since Oct 26, 2016
Dominick Dahmen
  • Financial Advisor
  • Buffalo, MN
5
Votes |
53
Posts
Mobile Home Park Investing

Funding a Mobile Home Park

Dominick Dahmen
  • Financial Advisor
  • Buffalo, MN
Posted

Hey everyone,

I have been in the forums a lot lately, and I'm wondering on funding for an MHP. I've seen a few deals that I want to look further into. The problem is I have average credit and really no money for a down payment. I know there are companies that will do 100% financing if they bring 50% and say the seller covers the other 50%. 

But how do lending companies feel about the down payment being borrowed from private money or a partnership?

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