The increasing number of RV parks has resulted in more finance option for buying a RV. More and more lending agencies are now offering financing options for people who are buying RVs.



There are two types of finance options for people who plan to become members of RV marks. For those baby boomers who are looking to buy RV parks that are less than 4 100,000, the small business administration is the biggest source of finance. For RV parks that cost more $ 100,000, large commercial banks are the biggest source of capital. The interest rate applied on these loan amounts by large corporate banks is in the range of 6.5 per cent to 10 per cent.

There are several advantages to owning RV parks. One of them is cash flow that results from it. RV Parks are a good source of income and the best news is that they are without the problems associated with being a traditional landlord.

The other advantage for owners of RV parks is that they are not responsible for repairs or housing. Every tenant of the park is responsible for their own Recreational Vehicle. Owners of RV parks only need to take care of the main areas.

Another big advantage for owners of RV parks is that they are not governed by regular tenant/ landlord rules. Owners of RV parks cam collect an advance from the tenant and ask them to leave on a day's notice if they cause trouble or don't pay.