Looking for a Way to Finance Mobile Home Park Acquisition

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Looking for a Way to Finance Mobile Home Park Acquisition

New to Real Estate · Memphis, TN · Member since 2022 · 95 posts · 71 votes

Looking to acquire 2 mobile home parks outside of Memphis. Both are run by older gentlemen with no books kept, so they are not able to get traditional financing. Looking for ways to possibly bring in a cash partner of find a medium term lender!

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Lender · Marlboro, NY · Member since 2016 · 71 posts · 3 votes
1y

@Michael Dallas I work with lenders that can finance mobile home parks. DM me and we can set up a call to see if the deals can be done.

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  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y

    What is the purchase price for each park?

    LuxePrivate Investments LLC 572 Reviews
    • New to Real Estate · Memphis, TN · Member since 2022 · 95 posts · 71 votes
      1y
      Quote from @Erik Estrada:

      What is the purchase price for each park?

      Park 1- 479k list price, but I think would sell for around 430-440k

      Park 2- 350k asking price, this park has not gone on market

  • Mike GrudzienPro Member
    Lender · Eugene, OR · Member since 2019 · 2k+ posts · 1k+ votes
    1y

    Will either one consider owner financing?

    • New to Real Estate · Memphis, TN · Member since 2022 · 95 posts · 71 votes
      1y
      Quote from @Mike Grudzien:

      Will either one consider owner financing?


       No, both are not interested in any type of seller financing. 

    • New to Real Estate · Memphis, TN · Member since 2022 · 95 posts · 71 votes
      1y
      Quote from @Mike Grudzien:

      Will either one consider owner financing?


       No neither are open to seller financing. Both are old and just want a normal purchase.

  • Member since 2025 · 1 post · 0 votes
    1y

    Michael, please call or text me. I provide financing for MHPs.

    Kevin Douglass

    (817) 617-9154

  • Lender · Marlboro, NY · Member since 2016 · 71 posts · 3 votes
    1y

    @Michael Dallas I work with lenders that can finance mobile home parks. DM me and we can set up a call to see if the deals can be done.

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