Loan amount
$350,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$865,000 {PP:$350,000}
LTV
40% {LTV}
Property type
Mobile Home Park
Borrower Details
Credit score
600
Deal experience
15 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Blackduck
State
Minnesota
Loan Details
Purchase price
$350,000
Down payment
$0
Additional Loan Information
As a real estate broker living close to the MHP community and working with the out- of-state owners, I know the value and potential of this property and business. It has major untapped potential with no downsides. Great investment and ROI upsides! Not actively listed or marketed. I plan to partner with MH dealership in the vicinity, fill up the lots with additional residents (both permanent and seasonal) in this vacation land and year-round generations of families heritage. All are connected and metered with city sewer and water.
Status
Created
September 24, 2026 - 1:53pm

Hard Money Lenders Now Offering Real Estate Investor Loans in Minnesota Minneapolis | St Paul | Rochester | Duluth | Bloomington | Brooklyn Park Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans