Mobile home park financing doing a 80/20

Financing, Hard Money Lenders, Private Money
1

I have been told i can purchase a trailer park withe a 80/20 loan ie no money down is this possible or have my hopes been dashed

2

well if a lender told you that, then have them put up. Anything else is blahblahblah.

BTW, define 80/20 no money down

80 is the LTV % of the loan, and 20 is the % you have to make up - usually thats money . . . down

3

Actually an 80/20 is typically an 80% 1st and a 20% second. or No money down

4

noted - my one track mind derailed a bit :wink: