Jesse,In order to use FHA financing to purchase a 4-plex the borrower must live in one of the units.  

These would be recorded if the LLC borrowed against the real estate.

Put it like this: if I let you borrow money from me at a locked in 4% how much would you borrow and when would you like to repay all debts and interest?

Total Cash NeededBy Borrower:$19,350.00 Monthly Income:$4,800.00Monthly Expenses:$3,905.92Monthly Cashflow:$894.08Pro Forma Cap Rate:7.73%NOI:$33,259.00Total Cash Needed:$19,350.00Cash on Cash ROI:55.45%Purchase Cap Rate:8.11%

I have researched lending limits and have worked really hard to get us squeaky clean credit and make us attractive borrowers. 

(d) Solicits borrowers or lenders for or negotiates loans or collects payments or performs services for borrowers or lenders or note owners in connection with loans secured directly or collaterally by liens on real property or on a business opportunity.

My team and I are trying to test a product that will help bankers, lenders, and brokers on their underwriting and credit analysis of a borrower and their investment.

I always recommend that a borrower has a pre-approval first.

The 203k loan requires that you have the work done by a licensed & bonded contractor etc and they can't be related to the borrower. 

Philip,If you dig up great real estate investments (this being the key), and you can borrow the debt, you can find the capital you need (equity partners).