Mobile Home Park Investors With Jefferson Lilly & Brad Johnson

Welcome to episode 6 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Today, Jefferson and Brad will share their insights on finding a loan in order to invest in a mobile home park. You actually need to pay for your mobile home park in order to buy it!   Key Takeaways: [1:12] Debt eligibility varies with the size of the park. [5:03] Information required by banks & how to show you are a credit-worthy borrower. [7:21] What can you expect on your first loan? [8:50] Dealing with state-wide banks. [11:08] The first question to ask a lender. [13:54] Jefferson shares an amusing story on his experience with lenders! [18:13] Lesson learned: persistence pays! [18:38] What are banks looking for?   Mentions: www.parkstreetpartners.com Join the LinkedIn Group: Mobile Home Park Investors Yellow Pages Google Maps Please rate the podcast on iTunes or Stitcher Please subscribe to the podcast on iTunes