Initially they said they would make payments to me and crap like they have millions in assets, just no liquid assets. 

Quote from @Doug Smith: When we started this company, I had been a special assets officer (handling non-performing loans for banks trying to extricate them from the deals with as little damage to them as possible) during the last big crash.

Secondly, regarding “Fund I” investors, we are not offering any more single asset or portfolio acquisitions to selectively place certain properties inside or outside of our fund.

This is limiting my options.I have never utilized the multifamily lending products offered by Fannie, Freddie, etc., so I would be interested to a) hear other BP members' lender recommendations for this sized property and also b) other members' experiences working with Fannie, Freddie, etc.  

The numbers seem pretty fair.. 40k down, 900k asset,  all rented out, 7.5k GR with room to increase,  5.7k PITI, no balloon payment.

The loan amount itself is going to be a main issue for most lenders at ~$150,000 value, let alone finding a niche product. 

If it is an open ended fund with no assets picked out - no, but if you have a specific property at 123 Main st then yes you could get funding for that.

I wouldn't put my asset into the care of someone that I wasn't intimately familiar with.

Since then my RE portfolio has grown to the point where I am finding myself devoting more time to managing these assets than my real estate sales practice, which is now over 30 years old.

We've been using Waivo, which is a very similar product to FF's Worry Free Waiver.