I am attempting to put two parks under contract at the same time.
I have the right finances to close each deal with a little bit of seller financing. Then I can put down a reasonable amount on the bank loan. I have 10 years experience as a landlord and have invested passively in 8 mobile home parks. These would be my first two parks to actively manage.
If I am successful, will the banks likely let me close on two parks simultaneously?
Or should I focus on the best deal and see if it falls apart before looking at the other park?