Manufactured home and land purchase

Classifieds
2yFollow

Manufactured home and land purchase

Kalin Edwards
Member since 2024 · 3 posts · 1 vote

Looking for a hard money lender that can fund something like this. Let me know if you can or know of someone that could. 

1Reply
8 views

Most Popular Reply

Logan Moir
Investor · Bremerton, WA · Member since 2018 · 24 posts · 17 votes
2y

Hi Kalin, Israel Lopez is worth giving a call to find out. He's in the Seattle area and plugged in with  a bunch of the investor communities (like Springboard). Israel is very familiar with lending on all sorts of creative real estate deals that I can't get funded conventionally.

1Reply
See this reply in the discussion

5 Replies

Jump to latestLatest
  • Joseph Chiofalo
    Banker · Henderson, NV · Member since 2023 · 317 posts · 74 votes
    2y

    Hi Kalin, 

    What location are you looking to purchase?  

    Any estimate on how much you were looking to borrow?

    0Reply
  • Kalin Edwards
    OP
    Member since 2024 · 3 posts · 1 vote
    2y
    Quote from @Joseph Chiofalo:

    Hi Kalin, 

    What location are you looking to purchase?  

    Any estimate on how much you were looking to borrow?


     Washington State. Land purchase is 280k. Construction of two manufactured homes and garages around 1 million. 

    0Reply
  • Logan Moir
    Investor · Bremerton, WA · Member since 2018 · 24 posts · 17 votes
    2y

    Hi Kalin, Israel Lopez is worth giving a call to find out. He's in the Seattle area and plugged in with  a bunch of the investor communities (like Springboard). Israel is very familiar with lending on all sorts of creative real estate deals that I can't get funded conventionally.

    1Reply
  • Cam SchwartzBusiness Member
    Lender · Chicago, IL · Member since 2024 · 102 posts · 48 votes
    2y

    Hi Kalin, interesting project.

    We offer ground up construction for traditional projects and hard money bridge loans for existing manufactured homes though unfortunately, not yet construction for manufactured homes.

    No groups in my immediate network come to mind but I would expect PMLs being open to take this down.

    Let me know if we can be helpful with any other projects!

    [email protected]847-702-6940
    Vert
    WebsiteView Page
    0Reply
  • Rachel H.
    San Antonio, TX · Member since 2009 · 3k+ posts · 1k+ votes
    2y

    @Kalin Edwards You may want to check with your local real estate investment club. There may be some people there able to help with the funding or know others for referral sources. 

    Another options is to seek out private lenders and/or partners. In many cases, investors I've seen who have funded deals are those who know the niche especially when it comes to manufactured homes. 

    Hope that helps! 

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free