Looking to raise capital for STR in Savannah

[Zack Eastwood]

Hello, BP! This is the first time that I will be raising capital from investors for rental property. My strategy is to have my investor to get a second home loan (10% down payment) and put the property in their name, then deed the property into an LLC that is owned 50/50. I am going to make the partner essentially a silent partner bringing the money and I'll be bringing the operational side of the business. Is this something that anyone else has done with partners? If we decide to sell the property will it be based on the agreement in the LLC or is it at the discretion of the person that has their name on the property?

Thanks for any help,

Zack Eastwood