Getting Commercial Loan for first MHP?

[Andrew Miller]

I am looking at my first Mobile Home Park. The opportunity at hand is 14 lots, only 1 MH deed. So more or less looking at buying the couple acres of land. As a new Mobile Home Park Investor looking for a commercial loan, do I need an LLC before applying for a loan? Do you recommend an online commercial lender or a local? Are there any major differences compared to residential/conventional loans that I should be looking out for? Are there any special circumstances because this is essentially just the land?

Any guidance is appreciated.  The opp is in NC, if anyone has recommendations for reaching out.