Financing a Multi-Family Deal with a Business Partner

[Jacob Riley]

Happy Saturday!

My business partner and I are on the hunt for our first multi-family investment property. Our plan is to focus on Brandon Turner's Plan 1: How to Make $1,000,000 Through Rental Properties. We would like to go in on our first deal together and wrap our investment into an LLC, but understand most banks will not finance residential under an LLC and we would have to take a personal loan for this. Does anyone have any experience buying rental properties with a partner have suggestions on how to finance rental properties and best protect the partner relationship? Thanks!