How do you keep your investors out of the loan process?

[Nicholas Lohr]

I'm in the midst of a huge BRRRR deal and the loan and title are currently in my name. I had investors put in the money for the rehab.

When it comes time to refinance how can I keep them out of the loan process?  

How can they not be on the loan yet still have equity ownership in the property?

How to syndicators with 10-20 investors in a deal keep those investors separate from the financing part?

[Greg Dickerson]

Originally posted by @Nicholas Lohr:

@Greg Dickerson thanks Greg. When you say this, "exemption with the SEC," are you referring to an exemption from having to register it as a security?

The offering or investment opportunity is a security. The exemption means you do not have to register the security with the SEC but it is a security and requires an exemption to be filed.