Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Joshua Kirkum
  • Colorado Springs, CO
1
Votes |
4
Posts

Looking for financing options for mobile home park purchase

Joshua Kirkum
  • Colorado Springs, CO
Posted

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.

  • Joshua Kirkum
  • Looking for

    Loading replies...