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Real Estate Financing Brookings SD

Local resource for real estate financing in Brookings, SD. 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.

First Bank And Trust
(605) 696-2274
424 5Th St
Brookings, SD
 
Metabank
(605) 692-2314
600 Main Avenue
BROOKINGS, SD
Services
Mortgage Brokers

First Bank And Trust
(605) 696-2274
520 6Th St
Brookings, SD
 
Brookings County Abstract Co
(605) 692-5724
627 5th Avenue
Brookings, SD
 
Wells Fargo - Brookings
(605) 692-6245
527 Main Ave
Brookings, SD
Type
Branch
Office Hours
Mon-Fri 07:45 AM-06:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

Bankfirst
(605) 692-8600
425 22nd Avenue South
BROOKINGS, SD
Services
Mortgage Brokers

Bankstar Financial - Brookings Office
(605) 692-3636
510 Main Avenue
BROOKINGS, SD
Services
Mortgage Brokers

Home Federal Bank
(605) 692-7100
1024 6th Street
BROOKINGS, SD
Services
Mortgage Brokers

Wells Fargo Home Mortgage Inc
(605) 692-2759
527 Main Avenue
BROOKINGS, SD
Services
Mortgage Brokers

Bankstar Financial Brookings Office
(605) 692-3636
510 Main Avenue
Brookings, SD
 

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
MobileHomeParkStore.com

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...

Click here to read the rest of the article from mobilehome.com


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