An LLC provides important liability limitation and risk-management capability, and if you are in business you should be taking advantage.It is true that lenders won't lend to an LLC with no history.  

Waiting for the right property takes patience, and with us having 3 right now (all under personal loans) we are at a crossroads for how we are going to finance the next one.Hard Money / Private Money / commercial lending........ just a lot of ways to go at this point.

In GA depending on the property we can find lenders will lend for 20% down or 25% down.

Hi Dev,  thanks for the shout out.Ok ok, I coach lease option assignments, AITDs (All Inclusive Trust Deeds, sub2, private lending marketing, jv negotiations, sandwich lease options, wholesaling, retailing, wholetailing, and business scaling.I recommend my students get licensed in CA as the BRE of CA prefers that.See http://dredefenselawyer.com/california-bureau-of-r...Quote...."

If all you are looking for is yield, then just be a private lender and lend money.  

Networking in professional clubs along with friends, relatives and church groups, can also be a source to find private lending money.

Not that I had much to take at the time, anyway.A lot of that will depend on institutional money vs.

Find out if they are all on the standard 20/5 product, what the required down is, is there a minimum loan amount, do they lend against what you are looking to buy etc. 

Multi family has been much better for me.  4-plex properties sell for just above a single family property in my area and provide a ton more cash flow, however, since properties under 5 units fall under residential lending rules, generally speaking, their appraisal is based on market comps, so there is a good chance that they will not appreciate nearly as well as a SFR.  

We've found there are so many sources for funding out there that if you have a good deal the money will likely follow - someone will want to partner with you, or find seller financing, or find a hard money lender who will lend up to 90%, pull out equity in your first home if you can afford it, if you have a retirement account from an old employer, you may be able to roll it to a self-directed IRA that you can use to invest in real estate, etc...Another new one - have you considered renting out the second bedroom if you purchase your friend's house?