Once the home is paid off, just "sell" it to your LLC and then it should make your future lending with an LLC much easier.

Flexibility, UW speed, commercial bankers also cross pollinate other investors.. possible syndications. 

If I was to take out a 15,000 loan and take it to a private money lender ( I personally know one) which in return he would lend me 200,000 for a purchase of a home.

The reason I ask is that in the last 10 years the term investing in real estate, and real estate investor has commonly been misused for people who are in a real estate BUSINESS, not real estate INVESTING.Examples of a real estate business are wholesaling, fix and flip, hard money lending, etc.

This is sort of the root of syndication deals, which are usually more complicated but essentially pay the syndicator part ownership for finding the deal, putting it together, and managing it.On your question about contacting MF owners directly, yes I've done that successfully in the past.

Good news, I found a bank that lends 4.375% (.625 points) or 4.5% (0 points) based on the quote I received this week - the catch is that the property needs to be located in a "CRA" area.

 @Shunique Mayo This is not likely, however, you may be able to showcase a deal to a hard money lender and receive financing as they are lending based on the property not yourself/credit score. 

If I have all low interest debt and feel like I can get a higher return if money was invested, I wouldn't pay off anything, but use that money in something I can easily get it out in the event of need1/4 into a hands off, no labor investment... for me it would probably be peer to peer lending... with small amounts in multiple loans to spread the risk... returns are solid and I appreciate the service they provide1/4 into a value add multifamily... in the midwest you can find a great cash flowing property with lots of equity for this much money1/4 I would park and not touch... put it in a high yield savings account... yeah, I know, not doing much for me, but I believe in the bird in hand..... 

Live there one year then buy a duplex in 2027. 24 units times 250= 6,000 a month.Does anyone know of a better way to reach this goal without hard money lending?

This would be a deal for the big guys - you could be part of the syndication if you have the cash.