Heres my situation - Im 26, My profile is not up to date but I have several properties I've acquired through BRRRR investing, Owner-occupied duplexes, Partnerships doing the leg work for equity, and seller financing. 

My brother and I are starting into real estate investing, closing in on our first deal at the moment.I've been looking into setting up a business entity (specifically a multi-person LLC structured as a partnership) for our ventures - I'm trying to make sure we have an entity in place so we can sign our first property (and loan) in its name.These are the reasons/goals for this entity:+ Liability - protecting our personal assets from any liability lawsuits+ Separation - creating banking/credit accounts in the name of the entity to provide easy visibility to our available capital and easier to maintain our 'books'.+ Business Lines of Credit - we're looking to put cash down and then refinance our properties.

Banks and other lenders might be a bit more cautious these days, so keep your eyes open for seller financing deals or partnership opportunities. 

I'm a realtor in Houston, TX. I own 2 lots, side by side, in a very desirable area of town.  My husband & I want to contract with a builder to build us a home on one of the lots, and a 2nd home on the lot next doo...

Build those relationships, and eventually those could turn into equity partnerships. 

@Paul Moore partnership seems like a nice middle ground for a beginner.

But you can achieve this through partnership. 

@Sandeep JainMy thought would be to form a partnership or a LLC with your friends as limited partners or just members, respectively.

Depending on our level of activity with the partnership, you may need to carry the loss forward.You also want to make sure what states the partnership does activity in.

Most people go into a partnership very optimistically but many partnerships do not end well.