Hi WilliamWhile I can't speak on how to workout the logistics prior to getting funding, I can tell you as a private lender that we see many scenarios like this. 

As banks and private investors are always lending.

Feel free to contact me via private message if you want to meet up and talk about our local market. 

Under the federal securities laws, a company or private fund may not offer or sell securities unless the transaction has been registered with the SEC or an exemption from registration is available.

I suspect that if you wind up owning this park, you'll agree with that statement within 6 months and change your business model.First thing I see is that Texas can be a little nightmarish with private utilities, especially septic.  

Official duties, however, do not include the disclosure of a SAR, or any information that would reveal the existence of a SAR, in response to a request for disclosure of non-public information or a request for use in a private legal proceeding.

I was discouraged that traditional banks required 2 years of taxes so I obtained financing from private lenders.  

I do always want to keep my doors open on how I fund the deals, the hard money/private money route was just too expensive and probably more of a hassle than paying the 3-4 points upfront (3 points on 30k = $900). 

A lot of what you're seeing has to do with market dynamics: increased competition, limited supply and REO trading direct to hedge funds/PE through private deals (vs auction or MLS).   

@Gordon Cuffe I went on the site and the houses that are going up for auction it says since they are being foreclosed it can't be sold privately only public auction.