Yup go to a local credit union or community bank.. a bank that is say less than 3 billion.. and preferably ones that are like 500 million..their charters are written to serve the immediate community... forget large national or semi national.. and be very leery of broker chains and those that promise things and want ANY up front money.

Also, some apartment communities like the communication that it creates with the tenant coming in to grab a package from the office. 

@Trevor McCloskeyWelcome to the BiggerPockets community!

This is the ***** five star answer.The primary purpose in investing in land lease communities is to get away from maintaining buildings.

We spent almost all of our free cash on the down payment, we went with a conventional loan putting 20% down with a community bank in the area (which also happens to be my employer). 

There is a huge community there for you to learn from.Hook up with them and learn the vocabulary and the business.

Hi BP community!

Hello BP community, Just curious if anyone has any experience with https://lendingxpress.com/ ?

I’m a newbie and looking to get into the REI world, starting off by learning before I make my first purchase (either a rental or flip).I’ve only heard good things about the community and I am looking for education and tips, while limiting risks and avoiding huge financial pitfalls.Thanks in advance, and I am looking forward to this new adventure!

Purchase price: $4,200,000 Purchased a 170 unit apartment community in Abilene, TX.