Financing For Mobile Home
Hi
I'm curious to know what anyone thinks would be the wiser option. I have 5 yr old single-wide on 15 acres treed land, waterfront on private cove.
My company does not do firsts on mobile homes so I can't offer a solution. People have very poor credit rating and the purchase price is $92,600. A real estate agent friend of mine suggested they close on this property and then sell it through her for $169,900.
Problem is financing. This property is in the Lakes Region of NH. I apologize, I would have posted this elsewhere but in the Lender section there is no one listed for NH.
Hard money lender most likely the best option, unless anyone can suggest something different? People will refinance through me after 1 year.
Appreciate any feedback 
Have you tried contacting any mobile home dealers in your area. They may be able to help you with that. I will send you a private message to give you some sources that provide financing (I'm not sure if they are in your area)
You've got a pretty typical MH on land deal, and the only place I take these, is to a private investor, and I normally give the private REI 12-18% yield on his money, after taking some for myself.
If you'll email or call me, I'll walk you through how I do thiis kind of deal, which I do everyday.
John Merchant
(253) 228-2277
**Please See My Profile**