Hi All,
I know this forum is for park owners but I am in need of help/counsel please. I know a friend who owns a small plot of land outside Atlanta and last year purchased a new double-wide Live Oak Home. The balance owed on the home is very high (+70k @ 9%) and they can no longer afford the payments. Do you have any suggestions on how to deal with it? Is it possible to go back to the dealer and work out a lower interest rate? I think if they can lower the rate they could make the payments.
Please PM me. I have some ideas.
Thank you
Mike