Private Roads
What is everyone’s opinion on properties on private roads from a resale perspective? I have avoided anything that does not have public road frontage for flips because financing for a buyer becomes difficult. Manufactured don't have to be sold on the secondary and not all lenders are equal. If there is a private road with an agreement do you avoid them still? What impacts come sale time are there? I would assume it would take FHA, VA, and USDA off the table but perhaps I’m wrong. Thanks all!
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Lacey Gotshall
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Private Roads
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