Unlike other lenders, we understand the mobile home park space. We understand that not all parks will be 75% tenant-owned homes. We understand that quick closing can make deals happen. Whether you’re in a race against time, need capital to bring in homes, or repaving roads before your bank refinance - we are here to help with your capital needs.
Funding for the acquisition and rehabilitation of mobile home park . These loans are ideal for transitional, non-stabilized MHP’s with lower occupancy levels or value-add component that needs to be realized and will take some time to fulfill.
Bringing in homes is a great way to add value to your park. The current programs out there often focus on bringing in only new homes, require selling homes off immediately, and take time to apply and be approved.
Repaving Roads. Submetering Water. Whatever the value add project, they often require capital.