Reason being, if you don't have enough liquid funds in any of your traditional IRAs to satisfy the RMD, part of the IRA owned property will need to be assigned in your name to satisfy the RMD. 

Use this to push the seller to carry the whole note for a time until you can re-position the property and get traditional financing on it. 

In the 6th year I will get a traditional mortgage for $600,000 to pay off the HELOC and make the 6th payment.

In the 6th year I will get a traditional mortgage for $600,000 to pay off the HELOC and make the 6th payment.

There is also a ceiling the number of conentional mortgages one person may hold.As a result of this, a second market of non-traditional lenders has developed, hard money, portfolio loans, etc.  

Found out a traditional IRA contribution would be 60% free for me this year, so I established and funded one in literally 2 minutes. 

At 50 sites your going to need 70%+ occupancy to obtain any type of traditional financing.I can’t say I’m familiar with your market but 200 pads on 130 acres seems extremely low.

Here in the Midwest, white woodwork is pretty traditional; I also am a fan because it's easy to touch up high-traffic spots between tenants. 

Also, consider a mortgage broker vs. traditional bank- both have advantages but typically a broker has more tricks up their sleeve to meet your objectives.

I don't want to do a traditional mortgage since the amount is smaller and the fees are awful in TX.