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Real Estate Financing Rapid City SD

Local resource for real estate financing in Rapid City, 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.

Financial Freedom Senior Funding Corp
(605) 348-1364
1160 Duffer Dr
Rapid City, SD
 
Pioneer Bank - Trust
(605) 341-2265
2001 W Omaha St
Rapid City, SD
 
First Western Federal Savings Bank
(605) 341-1203
402 Main Street
Rapid City, SD
 
Dacotah Bank
(605) 394-9000
125 Main St
Rapid City, SD
 
Rapid City Telco Fed Credit Union
(605) 342-8522
811 E St Andrew Street
Rapid City, SD
 
Green Tree Servicing LLC
(605) 355-7000
1400 Turbine Drive
Rapid City, SD
 
Premier Home Mortgage Inc
(605) 716-7373
1220 Mount Rushmore Rd Ste 2
Rapid City, SD
 
Cu Mortgage Direct LLC
(605) 721-0675
625 Flormann St
Rapid City, SD
 
Allied Home Mortgage Capital Corporation
(605) 718-4300
731 Saint Joseph St Ste 240
Rapid City, SD
 
Highmark Federal Credit Union
(605) 343-4776
725 5Th Street
Rapid City, 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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