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Colby Wise
5
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21
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Financing Small MHP in Cedar Rapids MSA

Colby Wise
Posted

Hi BP

Has anyone had luck financing a small ($500k) MHP park in the Cedar Rapids MSA? If so, can you please share any local bank recommendations?

We don't usually deal with parks under $1M loan size but found a solid deal and cannot make the deal work with cash unless we find a financing option on backend. :/