I am interested in purchasing a mobile home park and I need advice on finding one,what to look for and will doing a wrap around save me on the down payment,I have mid 600 but little cash. Thanks for info. :-S
You will need a minimum of 5% down for a hard money loan. So that will be your determining factor as to how much of a MH park you can buy right off. Seller wrap arounds work, but they will want some cash down as well. If you need help just PM me.
Comments(0)
You will need a minimum of 5% down for a hard money loan. So that will be your determining factor as to how much of a MH park you can buy right off. Seller wrap arounds work, but they will want some cash down as well. If you need help just PM me.
Kyle