Hard Money loan with family/friends

[Clayton Hepler]

Hello,

I have been basically given more than verbal confirmation that a few of my family/friends are willing/able to give me a hard money loan to purchase some property.

Here is the scenario, I'd like to make the deal incredibly sweet for team so that they are all but jumping at the opportunity to do it. 

1. Any suggestions for this?

2. Could we create a dual ownership LLC that only releases the rights to the property when I return their total equity? Any other thoughts? I am really trying to get creative.