Partnering with a person who can use VA loan

[Barton Louie]

Hi all, This is my first post. Trying to pyrchass my first real estate investment property. Read Brandon’s no money down book and figured that in my situation without a lot of money to put down and unable to apply for a loan under my name. The creative strategy I came up with is: 1) My VA friend is looking to find a place of his own. 2) he can apply for a VA loan which is 0% down, 100% financing, no PMI. 3) he can house hack a 4 unit property and live in 1. 4) I can put together the deal and manage the property. 5) SPLIT 50/50 Partnership QUESTION: Form an LLC PARTNERSHIP?