All Forum Posts by: Frank Calderone

Thank you @Josh McCullough Appreciate it and will take your advice!!

Thank you very much everyone! Really appreciate it a lot!

Thank you! I appreciate it.

Thank you very much @Justine Scheuher! I really appreciate it and will take your advice!

Hello,

I am looking to finance a mobile home park in Illinois. I have 20-25% to put down. Purchase price is $295,000. Cap rate is ~12%. Can provide more numbers and financial background on myself. I have great credit ~790 (last I checked). No bankruptcy or defaults on loans.  Any recommendations on banks/lenders willing to finance the loan would be greatly appreciated. Thanks.

Frank

@Andrew Postell

Thank you. I havent done that and will do that. I appreciate the advice.

Thank you Andrew.

Hello,

      I am looking to finance a mobile home park in Illinois. I have 20-25% to put down. Purchase price is $295,000. Cap rate is ~12%. Can provide more numbers and financial background on myself. I have great credit ~790 (last I checked). No bankruptcy or defaults on loans. Thanks.

Frank

I am looking to purchase my first mobile home park. 95% of the homes in the park are tenant owned. What trades should I have out to inspect the park? I figure I would have a general contract inspect the 2 park owned homes. But am unsure whom to contact to inspect the park? Thank you for your input in advance. I want to have all my bases covered.