[SNOW BECKER KRAUSS P.C. LETTERHEAD]

                                                                     EXHIBIT 5.1

                                          February 19, 2003

AmeriFirst Fund I, LLC
1712-H Osborne Rd.
St. Marys, Georgia 31558

AmeriFirst Financial Services, Inc.
1712-H Osborne Rd.
St. Marys, Georgia 31558

      Re:   AmeriFirst Fund I, LLC
            LEGALITY OF THE SECURITIES BEING REGISTERED (File No. 333-98651)

Ladies and Gentlemen:

      In connection with the registration of up to $100,000,000 aggregate
principal amount of units ("Units") representing limited liability company
interests in AmeriFirst Fund I, LLC, a Florida limited liability company (the
"Fund"), filed under the Securities Act of 1933, as amended, you have requested
our opinion as to whether the Units, when issued will be lawfully and validly
issued, fully paid and non-assessable.

      For purposes of offering this opinion, we have examined originals or
copies of the documents listed below. In conducting such examination, we have
assumed the genuineness of all signatures and the authenticity of all documents
submitted to us as originals and conformity to original documents of all
documents submitted to us as copies. The documents we have examined are:

      1. The Form S-1 Registration Statement first filed by the Fund with the
Securities and Exchange Commission on August 23, 2002, as amended, (the
"Registration Statement");

      2. The Articles of Organization of the Fund dated September 20, 2002; and

      3. The Operating Agreement of the Fund dated September 25, 2002.


AmeriFirst Fund I, LLC
AmeriFirst Financial Services, Inc.
February 19, 2003
Page 2

      In addition, in rendering this opinion, we have relied upon your
representation that the Units will be offered to the public in the manner and on
the terms identified or referred to in the Registration Statement.

      Based upon and subject to the foregoing, after having given due regard to
such issues of law as we deemed relevant, we are of the opinion that the Units,
when issued, will be lawfully and validly issued, fully paid and non-assessable.

      This opinion is furnished to you in connection with the registration of
the Units in the Fund, is for your benefit, and may not be relied on by, nor
copies delivered to, any other person or entity without our prior written
consent. Notwithstanding the preceding sentence we hereby consent to the
reference to this firm in the prospectus included in this Registration Statement
under the caption LEGAL MATTERS and to the filing of this opinion as an exhibit
to the Registration Statement.

                                        Sincerely yours,


                                        /s/ Snow Becker Krauss P.C.

                                        SNOW BECKER KRAUSS P.C.