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65
Posts
11
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Christian Walker
  • Investor
  • South East Texas
11
Votes |
65
Posts

What kind of loan terms are usually given with RV parks

Christian Walker
  • Investor
  • South East Texas
Posted

Hi, I am looking into purchasing an RV park. I am wondering what terms there are for these kind of loans. Thanks in advance!

Most Popular Reply

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1,273
Posts
703
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Nick Belsky
  • Residential and Commercial Broker
703
Votes |
1,273
Posts
Nick Belsky
  • Residential and Commercial Broker
Replied

@Christian Walker

I usually see these at 70-75LTV on 30 year fixed rates between 9-11% at par pricing.  No cash flow requirements if the loan is under $750k and no lender points.

Cheers!

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Belsky Mortgage, LLC
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19 Reviews

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