Mobile Home Park Collateral: Old Park-Owned Homes Aren’t Ideal for Banks
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November 20, 2023
I’ve had to convince countless neighborhood banks on why they DON’T want the old PARK OWNED HOMES as collateral.
Why is this not common knowledge yet?
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The information provided is for informational purposes only and should not be considered investment advice, nor a guarantee of any kind. There are no guarantees of profitability, and all investment decisions should be made based on individual research and consultation with registered financial and legal professionals. We are not registered financial or legal professionals and do not provide personalized investment recommendations.
Andrew Keel
Andrew is a passionate commercial real estate investor, husband, father and fitness fanatic. His specialty is in acquiring and operating manufactured housing communities. Visit AndrewKeel.com for more details on Andrew's story.
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