7d • Start Here
Financing and lenders
Are you primarily working with recourse lenders or non-recourse lenders? Who’s been getting deals through the fastest and with the least friction?
For our non-recourse parks, we’ve been using AutoMHatic and have liked the speed of decision-making.
For parks we acquired with major infill needs, we’ve leaned more on recourse lenders. We’ve used 21st Mortgage — great response times, but the paperwork can definitely be a grind. We’ve also used Performance Equity Partners (PEP) because they can close incredibly fast (sometimes within a week) and don’t require a NADA evaluation on homes we’re backing ourselves.
Would love to hear:
- Who you’re using
- Recourse vs. non-recourse preferences
- What you like/dislike
- Who’s easiest to work with
- Who’s closing the fastest right now
Always looking to learn what’s working for others in the space.
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Financing and lenders
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