Mobile Home Park

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I have a mobile home park that I'm trying to get funding for and the owner is willing to fund $50,000. The owner is asking $400,000 and I need to get $350,000. [Advertising deleted][ Edited by NancyChadwick on Date 06/06/2004 ]

Comments(3)

  • active_re_investor6th June, 2004

    You want to buy a business and expect to put zero into the deal. Sounds pretty high risk for the lender.

    Am I missing something?

    John
    [addsig]

  • harmsway7th June, 2004

    John I have money to put down but it is only $30,000 and most lenders want 30% down and that would be $120,000 and I'm just trying to find somebody that will work with me.

  • cheryllopez9th July, 2004

    HARMSAY --

    I know of 7 park lenders and out of that 2 park lenders loan on the lower priced parks. Check my profile and email for the park lenders.

    Cheryl Lopez

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