Structuring Question

[Rob Pasche]

Hey guys,

Rather than guess what I should do and have you correct me, let me lay out where I'm at, and where I want to be.

Where I'm at:

I'm personally, in my name, under contract to purchase a $145k duplex

-$25k of my own cash

-$50k from private lender

-$70k from my business partner

Where I want up be:

Refinance 75% of property value

Money pulled out pays lender, myself and my partner

Partner and I each leave 12.5% in the house

Duplex transferred to a LLC (my partner and I each own 50%)

How do I get from Point A to Point B? I'm currently working with a title company and lender that hasn't experienced this situation before.

Thanks!

Rob