You can make SFR work but extremely tough in traditional sense.

Why not just buy the property with a traditional DSCR loan and avoid the complication?

See what the bank thinks it’s worth.

So once you invest, you're added to the operating agreement of the company and you would now own a percentage of the company's assets - in this case it would include homeowner payments, bank accounts, REO's/properties, as well as all of the notes in the fund.The biggest risk of any fund investment is that you could lose some or all of your investment principle if the company were to go out of business.

Commercial bank or local business bank - where they will fund as much of the purchase price and rehab budget as possible, typically will have a lower interest rate than option 13.

First, when calling banks target the smallest most community based banks you can first.

Traditional bank financing with a construction loan for repairs

Melissa, not trying to hijack the post, but I am curious about cross collateral, as I own a 5 unit with a lot of equity and would like to buy using same bank, using the equity as a form of down payment and the new property income to justify a higher tha 75% loan. 

All my properties are traditionally financed with 20-30% down on 15-25 year AMs that balloon between 5-10 years.

However, this is a totally new space to me- Any advice for how to go about looking for a lawyer who works with individual investors and won't break the bank?