Manufactured Home Park financing

[Jason Ray Richardson]

Any suggestions if I am looking at purchasing a park as to 1) Key things to look for and questions to ask the seller 2) bank financing options 3) typical bank turn arounds on these

[Omar Khan]

@Bill F. Think you should chime in here.  

@Jason Ray Richardson Due diligence questions are somewhat, with some peculiarities, similar especially around financial due diligence. Operational is a different matter. 

Bank financing options exist especially in the Midwest and the South where financial institutions are more comfortable with this asset class. It also depends on your relationship with the lender, operational track record and type of MHP that is being acquired.