Classifieds
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

Looking for financing options for mobile home park purchase
I am looking for financing options that are better than my local lender is offering for a 16 unit mobile home park that is 100% lot rent only inside Charlotte, NC city limits. The park is on city water, septic, and has recently paved roads and updated septic. This park produces strong cash flow with minimal expenses. Local lender is offering financing with 20% down, 5% rate for a 20 year amortization, and a 5 year balloon. I am interested in finding an option without a balloon. If interested, please let me know. We are attempting to close by the end of 2019.
Looking for