Peerstreet’s problems were an example of why so many companies have failed in the real estate crowdfunding space.  

Should rehabber fail HML wants to make sure they will get their money back in foreclosure, which can't happen if you overpay for the house and give seller more than what the wholesale value of the house is.

Quote from @Saijal Sindwani: This is an example of how DIY landlords fail to protect their investment.

Local banks and credit unions will be the best place to check for this.As for the strategy, using a Heloc for the downpayment will get you into the deal, but how do you plan to get out of it if this is a long-term hold?

I have some soft quotes for bank debt but I'd prefer to stick with private debt if possible. 

I combined owner financing with private money and then refinance with my bank.

I obtained an eviction judgment against a former tenant who failed to pay rent in St.

There are banks out there that offer lines of credit for GP stakes, which many established syndicators utilize and draw on to potentially fund their follow-on offerings.  

Take the check to OUR company's bank and show them the POA and any other supporting documentation.3.

This means you have the tenants provide you their bank info and consent to auto draft and you draft rent from your side.