What is financing like for Floating Homes and Houseboats?
Financing is unique. Floating homes typically require specialized lenders familiar with this asset type, and loans often look more like a hybrid between a home loan and specialty financing. Houseboats/vessels usually cannot be financed like traditional real estate and may require marine lending or cash. Working with Molly, she knows lenders in this space — one wrong lender choice can derail a deal.
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