Proper Entity Structure

[Keith A.]

We (father, brother and I) are going to setup a business to buy and hold real estate. I have read a lot of articles here on entity structure but do not know which one fits our scenario.

We have a large sum of funds available to invest and would like to setup the entity structure with all three of us as equal partners with taxes and asset protection in mind. We will definitely seek a professional but wanted to get your take before. The ultimate goal would be to use this business to replace our jobs down the road.

Also, in this scenario how do you finance loans with this type of business. Does the lender look at your personal finances including the business or only the business funds?