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Updated over 4 years ago on . Most recent reply

User Stats

230
Posts
165
Votes
Michael Magno
  • Real Estate Agent
  • Wadsworth, OH
165
Votes |
230
Posts

Funding for a small mobile home park

Michael Magno
  • Real Estate Agent
  • Wadsworth, OH
Posted

A small mobile home park has come up for sale near me, and the numbers for long term cash flow are incredible with some well appointed clean up and stabilizing. Even with it currently under performing, the reruns are very good. Any one offer some advice or referrals for funding source for this type of purchase?

  • Michael Magno

Most Popular Reply

User Stats

1,239
Posts
1,098
Votes
Michael Ablan
  • Real Estate Broker
  • Watertown, NY
1,098
Votes |
1,239
Posts
Michael Ablan
  • Real Estate Broker
  • Watertown, NY
Replied

@Michael Magno - A portfolio commerical lender is going to be your best bet.  Go with a local community bank and submit a strong presentation that focuses a long, healthy relationship

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