2nd Mortgages or ?

Hi I have a mobile home that sits on two lots and is worth around 90-110k I owe 50k and I need to find a way to raise some money to purchase another property. My question is where do I find someone to loan me say 17k? and should I give someone a second note or just use my equity as collaterial.

I want to raise the money asap and do not want to wait weeks to raise the cash , so how do I make this happen ?

It is my understanding that mobile home are a bit tough to borrow against, especially older ones. I’m not sure as to the availability of a HELOC against a mobile.

Did you try posting in the “Financing, Hard Money Lenders, Credit, Qualifying” area of the forum? That’s where the money folks hang out…


ok thanks for the tip