Best type of funding for 2 friends who are pooling money?

[Alfred Dimartini]

Me and my friend are 2 professionals from NYC looking to fund our first deal. We have money for the down payment and reserve, but we're wondering what type of loans we could get without starting an LLC. Would it just be private money? Any way to get conventional loans? I would especially like to hear from any portfolio lenders out there that would be willing to fund out of state.

Thanks in advance!!