need cash out

2 acres with a steel building and two old manufactured homes, and the residence was torn down. If the manufactured homes are not legally affixed to the property, a local community bank or credit union may consider a loan against the land and building. If the manufactured homes have been legally affixed to the property, I don't know of anyone that would consider it. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

I still think you not going to find a loan. It's possible that a hard money lender will consider it, as they have less guidelines, however, unless the property is a "Residence", meaning an improved property with a structure intended for habitation, and the structure is "Affixed" as Bert stated below, then you won't be able to get conventional financing on it. You would also need credit scores to be 620 or greater in most cases. Best bet is to contact a local mortgage broker, not a bank, and ask for their advice... like I said earlier, you might only have the "Hard Money" route as your only option.. WilliamAcres.com

Tough one. There are programs for mobile homes but the mobile homes have to be before 1976 and have to be on a foundation. also you would need at least a 600 credit score. Contact me if you have more questions. I also know a credit repair specialist that can help you get your scores up if you are interested. Thanks. Michelle 201-962-3555