I have a couple of funding options on the table and I’d love to hear your thoughts:Funding Approach: I have capital partners who are willing to fund 100% of the project in exchange for 50% of the profits.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

I think the 10-14% rate is where it will be for the next five or so years personally so plenty of opportunity

Build Credibility with Private LendersSecuring funding is just as important as finding deals.

This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out. 

From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought I would see if anyone else had experience with this lender.  

For those of you who’ve chosen the fund route.

Building an ADU is a nice way to add value but you won't get that funded by a lender. 

I subscribed to Ugro Texas BTR Fund. 

Did you acquire the funds?