You could try getting a HELOC with your primary and using this money as short term funds to acquire rentals that need a light-medium renovation using 100% purchase/rehab hard money and just using the HELOC to pay points and holding costs.

You'll probably need a dedicated bank account for the LLC so you don't comingle funds and "pierce the veil" of the LLC.

I am looking for long-term passive income and since being in Subto I have joined in a multifamily purchase and a fund of funds.

How do you typically evaluate LTV ratios when deciding on funding, and do you have a specific comfort zone in terms of percentage or property type that you prefer to stay within?

I might add, I would also check the track record on completed projects (specifically the type of projects you are interested in funding).

I would like to raise around $60’000 to help fund this start up.

I funded a 80 lot project there a few years back and my client flipped to DR and did quite well.

Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.

Then you match that equity with a loan from a bank for 9%, and leverage up the note fund to 80% LTV.  

I have a cousin who funds RE deals and he has a whole network of money people, so I am putting together a business plan to submit along with my financials and an investment proposal.I am coming from single family residential, and have only ever worked with hard money for short-term loans, and also some smaller amounts of private money.