Hi, I’m wondering if anyone knows who to go to for MHP short term bridge loan for value-add reposition purpose. Found a off-market deal and is thinking about going this route as park is not yet stabilize. Thanks,
@jackyen2000, shoot me a PM. We’re working with one now. The terms are equity-like so be prepared.
Speak to Erich at Crown Capital
Community banks will still do these deals with recourse. Why not try that route first vs getting your head ripped off with bridge terms? Likely no prepay as well.