One partner has proposed the following and I want to make sure that from legal and tax perspectives it all makes sense and is legit.. 1.Form an LLC where three partners would each have 1/3rd interest.2.Transfer the property (title) to the LLC via quit claim deed for some price/consideration3.He would buy our shares/interest in LLC so he ends up with 100% ownership4.Mortgage would continue in my name and I would remain the Garantor (he will pay me some fee each year to keep it in my name).

I'm only 25 myself, and I speak as if I am 60, but seeing this perspective in someone your age is truly inspiring!

I'm being patient to take massive action at the moment until November when I get my GC license and have the time to use it 2018 I'm looking to get some feedback from different perspectives than my own.Thanks,John

From their perspective I would think it would be more trouble than its worth.  

@Scott Carrillo what's your goal here from a return on investment perspective?

Not looking for a mentor, just for perspectives from a wider audience.

I read all of the posts and appreciate all the perspective.

To add another perspective to this there is a renovation, 30 year term Investor  loan available that is not a construction loan one lender I know is offering.

It widened my perspective about real estate investing and also motivates me.2.

From my perspective working for a hard money lender, you will probably not be able to get one loan for both properties - it would be 2 loans for each property.