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.

Adam and Zach, Thanks so much for contributing to this conversation and giving everyone so much more to think about.

We’re happy with it. thanks to those who had helpful insights to contribute. peace out ✌🏻 

Jude Children's Research Hospital, and the University of Memphis contribute to job growth, attracting more people to the city.