So, 400k - 500k sounds like lots of money but if you wanna operate in the 300k+ entry point it get can swallowed up quick.One strategy I'd try is to be a buyer at the auctions, win a bid on a good house, close on it in cash (you should be a great deal under market value) and then get into a delayed purchase bridge loan product which will cash you out a certain percentage of the purchase and supply the rehab funds. 

Often when new investors are excited to scale, especially with limited funds, they start looking into to getting a third on seller finance or sub to, but the first two properties have repairs coming and all you do is add a third property that needs repairs to your portfolio.This - "investing with limited funds (like distressed property flips)" - is an oxymoron.

The only “control” an investor has when he invests in REITS, (or any stocks for that matter), mutual funds, real estate syndications, whether debt or equity, or minority shares in a business, is whether to keep or to sell his investment, and often not even that.  

Your lender may be looking at cash reserves or proof of funds.

This means the seller-financed loan becomes secondary to the new mortgage, which satisfies the lender's LTV requirements.How It Works:Lender issues a new 75% LTV loan based on the property value.The seller retains a subordinate lien for the remaining balance until paid off.No additional cash is required from you.”

I think you need to sign up on Meet Up and RSVP: Tuesday, Nov. 12 Walnut Creek  at Rotator Taproom 6pm (short notice - it's tomorrow)Thursday, Nov. 21 Oakland at Two Pitchers Brewing Company (hosted by Tyler Jahnke of Kenji Capital)Saturday, Nov. 23 Tilden Nature Area, Berkeley hike at 10am (hosted by Tyler Jahnke of Kenji Capital)Thursday Nov. 14 San Francisco - Happy Hour/Networking at Alchemist Bar and LoungeTuesday, Nov 19   San Francisco - 100% Funding for your Deal (Sports Basement at Stonestown Galleria mall)https://www.meetup.com/bayarearei/events/304151177

My focus is on providing tailored funding solutions for investors like you, whether it’s for Fix & Flip, Fix & Hold, or even larger-scale projects like new construction.

@Steven Olivas you've posted about "Sentinel Opportunity Fund", "Building the Right Team" and now, "$100k Cash what to do?".

If I did have an opportunity, where do I start and how do I raise funds for it?

Generally 50% LTV and significantly higher interest rate than in the US.d.