There's a misconception that these loans are loosely originated, similar to 'NINJA' loans, which contributed to the previous real estate crash.I have included a Bigger Pockets article that goes over the documents and nuances for a DSCR loan, which sounds like a great option for your scenario.

The only other option that I have seen that is "the best of both" is a company here in California that has setup a fund you could contribute the properties to and receive equity as an investment partner of the fund that gives equitable share of the entire funds properties without exposure to liability.

Learn along the way and check what you are passionate about and how you'd like to contribute.

You would have to buy that property (or a % of it) and then contribute it into a new LLC.Since you're buying the actual real estate as a tenant in common it does become a little easier to deal with the debt.   

Hi there, this looks to be a great forum and I can't wait to both contribute and learn from you all.

And I want to be the one contributing to the importance of financial freedom and sizeable assets!

If the cost of doing business becomes too high, a lot of landlords will sell or new developers will go elsewhere, both contributing to greater scarcity and higher prices. 

In the case the way I understood it, if three people get together to form a hard money lending company (say a LLC and each is a member and each contributes X dollars) and they lend you the money - then you are getting money from one company. 

I will contribute money for buying and renovation, and the partner found the deal and will do management of the project, split is 50/50.

General terms:80-90% LTV/ 100% LTC with a cap at 70% ARV9mo note at 12.99% I/O3pts Origination$1k UW$1k LegalAdditional costs - title, appraisal, property insurance (~$2k)10% of renovation estimate as contingency due at closing.Renovation funds issued on a reimbursement basis for work completed.Looking for constructive feedback.Thank you to all that contribute.