Also, let me know if you’re ever exploring partnerships or raising funds for a deal—I believe in combining efforts to scale faster and smarter.”

Quote from @Juan Ruben Cortez: I believe the funding fee is 0.5% of the remaining loan balance, plus maybe another $500 - $1,000 in lender fees. 

He took a 401(k) loan to fund the down payment on a four-unit building in a rapidly appreciating neighborhood.

I would like to invest in there funds below1.

Meaning you may be able to do some cosmetic or smaller renovations like bathrooms or kitchens in your duplex when the tenants turn over and those smaller investments can demand higher rents, so in the longterm you may have more cashflow from the duplex to help fund a future investment in another property while you wait for market conditions to change.

What I'm planning: buy and hold the property, brush and clean it up with intent to hold until cost of funds drops a little in 4-6 months.

It sounds like the biggest fear is getting funding and getting started without making a big mistake.

They also want a priority lien on the property.It sounds like you are looking for someone to fund your down payment, I would be looking for an equity partner over debt as nobody likes to lend money in insecure positions, especially when a borrower lacks skin in the game.How much are you planning to come in with yourself?

Also, hard money lenders want a scope of work filled out prior to funding the deal so this is a good little hack to get one as well. 

@Reeti PeshawariaIf it's a desirable place to be you can STR within structure of the current rules.