Sure. So basically there first rule is that you can't have a property under contract and use there funding. From my initial conversation with them, they stated that they create an LLC for the property you are looking to fund which will hold the title of the property. I would then be placed as managing partner of the LLC. When the property is sold, the money would be made out to the LLC that is created, and as managing partner I would disburse the funds as needed, then the LLC would be dissolved. After finding a property, I was recently told (or re-informed) of this rule, but it may have been something I glanced over initially. In hindsight, my assumption is, being that they are creating the LLC, the contract would need to be under the LLC name, which to me is counter productive because you have to wait until the LLC is created, etc before submitting an offer, let alone getting an executed contract. In this current market, waiting is the last thing I want to do.