We are looking at a cute little trailer park that has several pre HUD manufactured homes on it and I have no idea how to go about financing. We love the land/ location and would could really improve the property overtime. I don't think a hard money loan would work because we would not be able to refi in a quick enough period to get out of the high interest loan. Any Ideas??
You’ll probably find that park owned homes of any age do not figure in the value of the park - buying, selling, or refi - .
@Jerry Lucker Thank you Jerry! I am not sure if it is listed that way or not, I am working directly with the seller who is looking retire soon but I think youve given me a good direction to head!