Those park owners who are having difficulty finding cash, would you be willing to sell notes at a discount to bring in cash. Or maybe bundle a few together?
Just an idea as I talk to investors of mine. I have seen a few parks in the area get into trouble. When I asked what the problem was (besides poor management) I keep hearing the same thing.
Lines of credit that the parks had been using had been frozen.
So like I said, would bundling a few notes together to offer to investors for cash make sense to get cash on hand for whatever is needed, or is this the wrong way to think? Any ideas?