Refinancing pre-HUD manufactured home
Hey BP fam,
I need some advice. I bought a pre-HUD manufactured home (1977), in Sedona as a long term rental and now I need to refinance it. I've got great tenants paying $3000/month who'd love to stay but I can't find any lenders that will refinance the home if I don't live in it. Any suggestions? I've tried a couple hard money lenders but that's way too expensive. Let me know if anyone has cracked the code on refinancing pre hud manufactured homes as investment properties anywhere. I'd love to know how you did it.
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Broker Arizona (#BR676591000)
- 928-323-0031
- https://owninaz.com
- [email protected]
Hey William,
What is the estimated value of this property?
Quote from @Erik Estrada:
Hey William,
What is the estimated value of this property?
I'll jump in and answer your question since I know the property he's talking about. It's worth around 500k.
Quote from @Martin D.:
Quote from @Erik Estrada:
Hey William,
What is the estimated value of this property?
I'll jump in and answer your question since I know the property he's talking about. It's worth around 500k.
Perfect. What is the current mortgage balance? Happy to connect