If you plan to go ahead, then spend a few hundred dollars with a good attorney to draw-up a partnership/shareholders agreement {depending if you elect to use a partnership or LLC} which defines the obligations & expectations of the partnership and specifies what happens at dissolution and how the process shall occur {all partnerships end}.If you can get the property based solely on your credit, then perhaps your "partner" signs a long-term lease with the company (LLC, partnership) and, if allowed under Minnesota law) pays 1-3 years rent up-front (your missing piece of the downpayment).Creativeness aside, this smells like trouble and your desire to help your friend could lead to making a poor purchase and a bumpy ride for the friendship.

I'm fairly sure you won't find such a bank...Does anyone know of a bank who doesn't want to make maximum returns for their shareholders?

Remember this is a business and you are a share holder in your business would you be happy to know your CEO was leaving money on the table and charging below market rates because he wanted to be the nice guy or would that upset you and you would want your CEO to maximize profits?  

An Single Member LLC can be a shareholder in an S corporation. 

It appears that an LLC & shareholder capital disposition is the LEAST of your worries.I have good friend that has been on title with an ex for 30+ years & there is no sign of a solution they literally just have to out live each other.

@Austin MontgomeryRegarding your other question regarding having your LLC managing your property without a real estate license, many states have exemption to the licensure when managing your own property.In the case of a single member LLC one could argue that as the sole member you could manage your properties.If however you create a c Corp, that would be a different person and would probably need a license even if you are the sole shareholder.

As an owner/shareholder of the Corp, the distribution is not subject to FICA.

Also, I know there needs to be at least one shareholder.

Or, in the instances of using an entity, named them as share holder in the entity and sold my portion of the entity (my wholesale fee).

Columns included are below with some wavetop overviews for 2018:1) Balance Sheet - no problems, balanced amount is around 240k2) Income Statement - Approx 10k for 20183) Profit and Loss - Matches income statement 4) Statement of Cash Flows - Approx 15k for 2018.5) Statement of Shareholder Equity - Approx 124k for end of 2018.Also looking to ask if anyone has any experience self-filing a business tax return?