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Real Estate Financing Reading PA

Local resource for real estate financing in Reading, PA. 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.

Wyomissing Mortgage Co
(610) 378-9461
999 Berkshire Blvd Ste 210
Wyomissing, PA
Sovereign Bank Fsb
(800) 765-5033
1125 Berkshire Blvd
Wyomissing, PA
Westview Mortgage Lp
(610) 927-2947
1290 Broadcasting Rd
Reading, PA
Primary Residential Mortgage Inc
(610) 374-5626
2450 Wilson St
Reading, PA
Guaranteed Mortgage Co
(610) 603-0241
3608 Saint Lawrence Ave Ste 10
Reading, PA
Liberty Home Mortgage Co
(610) 685-4444
4 Wellington Blvd
Wyomissing, PA
Gmac Mortgage LLC
(610) 478-1011
420 Park Road North
Wyomissing, PA
Source Mortgage Corp
(610) 378-9666
711 Spring St
Reading, PA
Asset Mortgage LLC
(610) 670-2700
1103 Rocky Rd Ste 101
Reading, PA
Berks Mortgage Services LLC
(610) 856-1230
3335 Morgantown Rd
Mohnton, PA

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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