They deliver an envelope that has a notice we own the property, instructions on how to pay rent, how to request repairs and two lease offers. 

You instruct the banker for company B to write a letter, on bank letterhead, confirming a DOLLAR AMOUNT of funds available (it doesn't have to be everything, just enough to comfortably cover the deal), and deliver it, along with the offer, to the listing agent or seller. 

If your real estate acquisition sale is insured, you would either wire funds to escrow with closing instructions or write a cash line check. 

These organizations utilize endowments and donations not only to fulfill their missions but also to catalyze economic development within communities.This realization has broadened my perspective as a real estate entrepreneur.

I am a young entrepreneur looking to educated myself further on how to start a business.  

In my mind, at least, this eliminates this “send $650k to the title company with instructions to send it back to you”.  

And, I would easily win any argument that the knowledge you receive from a seminar concentrated on a subject which, if used correctly, can net you thousands of dollars in income within weeks is worth thousands times more than any standard educational instruction in the basics of getting a J.O.B. 

(An entrepreneur could possibly monetize this information, as it’s valuable for future syndication investors ;)

No LLC Needed: This keeps things simpler and avoids the state income tax associated with forming an LLC in Tennessee.Steps to Set Up Tenancy in Common:Purchase the Property: When you buy the property, instruct the closing agent or attorney to list both of you on the deed as tenants in common.Draft an Agreement: While it’s not legally required, it’s smart to have a written agreement detailing each partner’s responsibilities, the split of profits, and how decisions will be made.

To clarify, as I have clarified a multitude of times, SubTo can be done legally, but the issue is the vast majority are NOT done that way and far too many don't accurately explain/instruct on SubTo.