Good Sam Club Open Roads Forum: Financing for Park Model in Colorado?? Please help!
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Open Roads Forum  >  Hybrid Travel Trailers

 > Financing for Park Model in Colorado?? Please help!

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wapiticountry

Mountain West

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Posted: 11/07/20 08:59am Link  |  Quote  |  Print  |  Notify Moderator

valhalla360 wrote:

A park model trailer is a depreciating asset that could disappear tomorrow. Banks tend to be conservative.

Do your mom a favor and have her talk to a financial guy to get an independent view of her participation in this deal. You shouldn't go with her to this meeting. If you need a co-signer, it usually means you aren't a good risk and she will be on the hook for it if you fail to pay off the loan. Now if she's worth $5mil, it may be no big deal if she has to cover a $20k loan for you but if she's not worth a lot and the loan is big...having to pay off this loan will really impact her retirement, you are asking a lot of her.
You are saying what I wanted to say but I couldn't come up with nearly as polite a way to say it as you have, you silver tongued devil. Maybe you should consider a career in politics. On second thought, what you said is the truth, and that would never fly in the political arena.

Lwiddis

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Posted: 11/07/20 10:05am Link  |  Quote  |  Print  |  Notify Moderator

Not fair to your older mom to put her on any financial hook for your living quarters.


Winnebago 2101DS TT & 2020 Chevy Silverado 1500 LTZ Z71, 300 watt solar-parallel & MPPT, Trojan T-125s. TALL flag pole. Prefer USFS, COE, BLM, NPS, TVA, state & county camps. Bicyclist! 14 year Army vet-11B40 then 11A - (MOS 1542 & 1560) IOBC & IOAC grad


Lwiddis

South of Lone Pine, California

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Posted: 11/07/20 11:04am Link  |  Quote  |  Print  |  Notify Moderator

Any jobs in FairPlay, CO, with 700 people and at 10000 feet elevation?

bikendan

Camano Island, Wash.

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Posted: 11/07/20 11:23pm Link  |  Quote  |  Print  |  Notify Moderator

ARhyner wrote:

I would love to put this in the proper forum, but didn't see park model or anything close to it anywhere in the list. Considering it is a hybrid of sorts, this was my closest guess.


I would suggest the Travel Trailers forum.

A Hybrid Travel Trailer has canvas tent ends, like a popup. So nothing like a park model. And the longest they get is around 25ft.


Dan- Firefighter, Retired">, Shawn- Musician/Entrepreneur">, Zoe- Faithful Golden Retriever(RIP">), 2014 Ford F150 3.5 EcoboostMax Tow pkg, 2016 PrimeTime TracerAIR 255 w/4pt Equalizer and 5 Mtn. bikes and 2 Road bikes


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