Commercial lending for mobile home

2 Replies

@Michael Frattallone

What city in Florida? 

What's the purchase price and % of POHs?

There are a few nationwide commercial providers who entertain these that we work with. They generally want to see a town of at least 25,000 and county of 100,000 with sub 19% POH because no value is applied to the mobile units. (just the land and it's ability to produce lot rent).