Got a strange situation. Residents in the park are buying are in the process of getting approved for a loan so that they can buy a new home. Once they have their loan approval, the manufacturer will begin construction. I have to pay for the home the day before the mover picks it up and the lender pays me back as soon as I get the final permit. Pretty straightforward.
Some things we didn’t expect have happened and other matters that were supposed to happen didn’t. You all know the tune. We cannot come up with this money at once. Does anyone have any suggestions for how to go about getting this money? I know I will pay through the nose for whatever I can get and that is OK as this is the first new home in the park and other residents are starting to make inquiries. Years ago, I borrowed money from hard money lenders to do a couple of deals and it went well. Are they still out there? Referrals?
Thanks.