Hey Todd,Thanks for the quick response and the info.

Hi everyone, Thank you for all of your responses and insights.

This means your kind of loan and use them means you must shop around and be a successful borrower and you show that you are responsible to pay it back as fast as you can and/or make those minimum amounts on-time. 

Thanks for your response. 

@Zachary Jensen Hey man, sorry for a late response.

Your ownership also is expressed to only own from the drywall in, and that's all you're responsible for maintaining. 

My response was a simple question back to them: "would you take $150K today if you didn't need it..

Consider doing JV or tenancy in common (TIC) but that's to be confirmed with an attorney.Bottom line speak with a real estate attorney about the best structure for the deal and ask them to spell out all of the terms and responsibilities in the Operating Agreement.Good luck!

My suggestion is to ensure that the operating agreement (assuming LLC) is very specific about who is responsible for doing what actions.

@Parker Stiles and @Angie Williams thank you for your response!