How would you structure this partnership/ getting loan?

[Tyler Lyren]

Hi everyone!

My 2 friends and I have recently graduated from college and all have about 10-20k in savings. We want to form a partnership where everyone gets equity in an investment property. The issue is I don't want to be the only one tied to the mortgage in case anything went sour, I want others to be liable as well. We formed an LLC but it seems hard getting loans if you don't have any previous business going through the LLC. The mortgage guy I talked to seemed confused and didn't really know how to structure getting a loan with multiple partners. Especially since they are not living in the property and I might. Also, the thought process of having more people is that we could qualify for more money.

Let me know your thoughts!

Thanks