Financing fails when:
❌ Seller books are messy
Buyers MUST accept this. Older parks rarely have perfect P&Ls.
❌ Buyer can’t provide proof of funds
No bank will move forward.
❌ Park doesn’t meet DSCR
Even if YOU love it, the bank doesn’t care.
❌ Buyer wants 10% down
Not realistic.
❌ Buyer wants to be absentee in year one
Banks want owner involvement.
❌ Buyer ignores capital expenditures
You must budget correctly for repairs and upgrades.
