The other way I fund deals with none of my own money is using a private lender that I have years of experience and relationship with and/or using HELOC and other business lines of credit.

When someone wants to send you a referral privately, they are probably sending you a friend that pays them a referral fee.

Sounds interesting if you have a email I can send you the info for a hard money lender I know since they only lend in texas, Colorado,  Georgia,  Tennessee, north Carolina and Arizona 

Partnering with investors or finding a private lender could also be a great way to get started.

In our still relatively limited experience, seller financiers are usually looking to get a higher asking price in exchange for the favor of the private loan. 

If comps for a 3 unit property are in the 950k range, then that is what it will come in at.The revenue from the STR will have no bearing on the value of the property itself.People argue about it from time to time, but I spoke with 10 different lenders, banks, credit unions, private lenders, etc etc and they all said the same thing.

or3) If I convert the partnership interest into a private UPREIT, then I trigger tax if/when I sell the Shares in the REIT?

However, building relationships with private money lenders can help you scale your business quicker depending on how many investments you want to do this year.

I did a "blind" assessment where I paid/reimbursed a close family friend to go in as a guest because there were a lot of details I wasn't privy to- and wanted to understand (the whole experience and process from the guest perspective from the initial inquiry, emails, etc.).They shared the email communications (some of which was glitchy or not quite as good as what I'd expect, or told me of delays in receiving responses).

The process of buying real estate with crypto through a private seller will vary from seller to seller.