A sophisticated buyer with experience looks for opportunities.

Jeff,Sounds like a workable deal.You being a property manager, I assume you're fairly sophisticated.

I have a park I am in DD on consisting of 90 MHs and 37 RV spaces which do well but require extra payroll, electric, etc.

I think most larger banks are sophisticated enough and have covered such cases in the past, where smaller institutions may not have been exposed to such cases and may give you a hard time.

i know that sounds easy but there’s a lot of moving parts and it requires a certain level of sophistication on your part to structure this arrangement  

I would never recommend others do that because it requires a higher level of sophistication and the right partners 

It’s weird and unusual, but you don’t absolutely need the help of the lender to payoff and reconvey a loan.This is your first post and your profile is blank, Yin, so there is no way to know your background, level of understanding, or sophistication.

. $90k in payroll split between park manager and 2 part time employees.All city services but no metering in place except for electric on the MHs.

If at the end of the first year with your rental property in operation that you are able to profit $10,000 from cash flow after all operational expenses and debt service were paid, your COC return would be $10,000/$30,000 or 33%.Sophisticated investors compare COC with other investments to determine the highest and best use for their liquidity going into an investment whereas ROE is used once the investment is owned.

Faster to scale and more efficient as you're dealing with usually sophisticated parties.