At what percentage rate should a park owner consider finacing a park at to a potential buyer? Would it be the same as a bank loan???
Somewhere between 0% and 18%… What ever you can negotiate is fair game! I normally try to state owner carry backs as so much per month for so long and never mention an interest rate. Have gotten several 0% loans this way and leaves even more room for a discount for early payoff.
Best wishes,
Ryan Needler