Mobile Home Park Financing With Bad Credit?

I have found a small mobile home park ($165,000) where the owner is willing to carry back 25%. I have bad credit and am in the process of rebuilding my credit, however I did now want to lose this property. One option is owner financing for 4 months until my credit is rebuilt. The other option is to find a hard money lender that will loan the money for me to buy this property. Any suggestions/advice/help? Thanks in advance for any replies.

Comments(2)

  • pamichelle29th January, 2006

    Hi,

    There is a website that may help. Over 700 Direct Commercial Lenders. You pay no Brokers fees. E-mail me at **Please See My Profile** and I will send you a link to website.

  • johnnyloans31st January, 2006

    AramH
    did that deal work out for you?

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