Hey Everyone! I am new to the site and new to MHP investing. Came across an opportunity in Georgia that looks promising, but I am running into issue with finding lending options that will take on a property like this. The lender we typically use in Texas, does not work in Georgia and wouldn’t look at this property either way.
Property value is a round $300K, 10 lots, 9 park owned homes, 8 of those homes are single wide, and 1 is a double wide with 8 of them currently rented.
Read the article about financing, but finding it difficult to locate lenders that would be willing to take this on. If anyone has any suggestions or recommendations in Georgia I appreciate any help.
Thank you in advance.