but also try smaller, local banks as they tend to be easier to work with.If you can't find a local, traditional lender, then try looking into alternative options.

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. 

A special thanks to Christian Asay and Larry Asay for the unwavering encouragement and support!

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. 

@Christian Wathne - Watching the bank account drain is PAINFUL!

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.  

I was looking at Discover at 1.3%, but I also like what @Christian Allen suggested with Barclays for 1.4%.

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.