How to Structure Deals/Financing with Friends - No LLC

[Colton Wickham]

Hi everyone! I'm looking into investing in my first deal with my wife and our best friend. I was wondering if anyone has any tips or experience on structuring the financing (IE: what kind of loan did you get/recommend, was everyone listed as a borrower on the loan, etc), and if you have any advice on how to phrase your "partnership" agreement. We're seeking individual financing and eventually want to transfer the property into a formal LLC entity.