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Real Estate Financing Ankeny IA

Local resource for real estate financing in Ankeny, IA. 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.

Polk County Bank
(515) 278-6300
5601 Merle Hay Rd
Johnston, IA
Realty Mortgage Network LLC
(515) 727-1680
6165 Nw 86Th St
Johnston, IA
Iowa Mortgage Association
(800) 800-2353
8800 NW 2nd Ave PO Box 6200
Johnston, IA
Seattle Mortgage Company
(866) 984-6656
300 Crestmoor Dr
Polk City, IA
Bankers Trust Company
(515) 222-2004
665 Locust Street
Des Moines, IA
Iowa Bankers Mortgage Corp
(515) 286-4300
8800 Nw 62Nd Ave Po Box 6220
Johnston, IA
James Mortgage LLC
(515) 278-9700
8711 Northpark Ct
Johnston, IA
First State Bank Iowa
(515) 984-7100
755 W Bridge Rd
Polk City, IA
Iowa State Bank
(515) 288-0111
627 East Locust
Des Moines, IA
Bank Of America Na Charlotte
(515) 235-7234
6200 Aurora Ave Ste 201E
Urbandale, IA

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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