RVPARK/RESORT FINANCING?

This is something that came up today in talks with a friend of mine today

Where can a person get funding for these types of real estate?

As in most cases they are a cash flow business as well have room to grow most of the time

Is there hard money for them ?

A special funding company for them ?

Thanks for the response what ever they may be

Yes, there is conventional commercial financing available, there is private money companies which will provide financing for 3 to 10 year notes, and there is hard money available to go in and fix up to then refinance.

Conventional money probable loans 75% max of FMV.

Private money probable loans 70% max OF FMV.

Hard money probable only goes 65% max of the ARV value.

It depends on what state your in?

HEY

Thank you for the response and information

Would like to know more on where and the terms

Me and my friends do deals in Oregon /Washington