We have $400 000 cash.
We stumbled on a $3 million park.
The initial numbers and basic research on the park and area look good. Occupancy > 80%.
Unfortunately, the seller made it clear - no seller financing.
We do not have it under contract yet, but let’s say that we are able to do so.
Questions: How can we get financing for this park? Are there any lenders out there that will lend $3 million with only $400 000 down? Should we get partners? Any other options?