The seller assumes the role of lender while continuing to make payments on the original mortgage.In this arrangement, the originating lending institution can still foreclose on a property if the seller fails to maintain the mortgage.

But, maybe that is just the way this particular lender integrates data...

I'm looking for Mobile Home Park lender.

It's dangerous to use contracts found online if you don't know how to read them or compare them to current law.

As for the downpayment, the lender might be requiring more down in order to meet DSCR requirements. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Wondering if anyone has a commercial lender who would know where to find a loan to accomplish my goal...

After over a decade in asset management where I currently oversee a portfolio of more than 45,000 apartment units nationwide for a large Fannie Mae/Freddie Mac lender, I am finally ready to get into my first small multifamily buy and hold investment.

There are all sorts of other lenders out there where there is no limit. 

Yep, similar to my primary regional bank lender in DFW.