It really depends on your long-term goals. if you're looking to grow your portfolio without selling, leveraging the equity could be a win. 

instead of a lender try to find a capital partner and share the deals.. thats what I do provide money for JV's  works great its a win win.. your going to waste your time trying to find nothing down lenders.. unless you already have one that really loves you then its possible.

It would simply be another level up from the LLC taking title.

Simply making more calls doesn't guarantee money. 

Using 30% to 40% is aggressive enough to win an offer especially if you can close less than 30 days.

What I'm seeing in the industry as a cautionary tale for you is that simply the reputation of the company is not going to necessarily carry the day.  

That kind of networking plus honest cash-flow analysis can open more doors than simply chasing rumored off-market listings.Interestingly, I recently saw a property here in Phoenix (ARMLS #6757476) that sold for around $450K in October 2021, then resold in December 2024 for $1.8 million.. that’s an eye-popping $1.35 million jump in just three years.

It is simply a return threshold that needs to be hit before the GP can share in any profits above that level.  

With broad, high-level criteria, you may be able to easily cross of a number of neighborhoods where the numbers simply do not make sense (assuming you already have your buy box nailed down).

Have supplied washer/dryer if kicking that in is all it takes to win what I think is a solid tenant.