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Real Estate Financing Albany NY

Local resource for real estate financing in Albany, NY. Includes detailed information on local businesses that provide access to real estate investment, monetary resources, immovable properties, rental income, as well as advice and content on personal and commercial properties.

State Employees Federal Cu
(518) 452-8234
700 Patroon Creek Blvd
Albany, NY
Bank Of America Na Charlotte
(518) 626-2536
69 State St Fl 4
Albany, NY
Credit Union Association of  New York
(800) 342-9835
PO Box 15118
Albany, NY
Main Line Mortgage Of S Florida Inc
(518) 435-9400
30 Corning Street
Albany, NY
Real Estate Mortgage Network Inc
(518) 218-3381
1510 Central Ave
Albany, NY
Dormitory Authority State Of New York
(518) 257-3000
515 Broadway
Albany, NY
Cco Mortgage Corp
(518) 432-2274
833 Broadway
Albany, NY
First Rate Funding Corp
(518) 452-4700
501 New Karner Rd
Albany, NY
Homestead Funding Corp
(518) 464-1100
8 Airline Drive
Albany, NY
Morpac Mtg Processing Assistance Ctr Inc
(518) 690-2232
453 New Karner Rd
Albany, NY

The Guide to Financing and Refinancing your Mobile Home Park

The Guide to Financing and Refinancing your Mobile Home Park
Wed 09/24/08 09:48:47 am

If you assume that one of the keys to maximizing your return in real estate is leverage, then correctly financing your mobile home park is a key driver to maximum profitability. There are only two options when financing your mobile home park. The first is having the seller carry the note on the park. That is not covered here but in our other articles and materials, such as our CD's on “How To Buy A Mobile Home Park”. The other option is to borrow the money to buy the mobile home park through a bank or other lender. That is what this guide is a primer on. Probably 75% of all mobile home park acquisitions require bank lending as opposed to seller carry, so you will definitely be having to get a loan for a mobile home park at some time in your career. Getting the right loan is essential to making a success of your mobile home park purchase. We have probably over 50 successful applications and loan closings on commercial loans under our belts. With that much experience, you would think that we know everything about the process. However, with constant changes in the marketplace, such as the current lending crisis, the market is always changing. As a result, what we have outlined in this primer is the basic, essential knowledge, but you will still have to fine-tune it to meet your circumstances and the market conditions. Matching your loan req...

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