Andrew Keel
Top 5 Mistakes to Avoid When Financing Mobile Home Parks
Financing mobile home parks can be a rewarding investment opportunity. However, it requires a solid understanding of common pitfalls to assist with […]
Mobile Home Park AGENCY DEBT requirements (from my experience):
- All homes must have skirting
- Remove or cover all hitches
- Off street parking (2 cars/lot)
- Fix all deferred maintenance
- Clean phase 1 / survey/ engineering reports
- Better approval chance/ terms with $6mm+ loan amount
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Disclaimer
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.
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