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Updated about 18 years ago on . Most recent reply

User Stats

34
Posts
4
Votes
Eric P.
  • Rental Property Investor
  • Michigan
4
Votes |
34
Posts

Need lender for singlewide mobile home investment property

Eric P.
  • Rental Property Investor
  • Michigan
Posted

there are a few cheap mobiles here in my area (ocala, fl) that i have been looking at to rent out. the problem is, they are singlewides and nobody around here will do an investment loan on one. obviously, i am looking for as close to 100% LTV as possible.

the one i am really interested in should have no problem appraising, after looking through some comps. it's been completely renovated and already tenant occupied. rent is double what the mortgage will be.

please let me know of anyone who might be able to help me out. i have a 760 midscore and will need to go stated.

Eric

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