Your equitable interest which is gained legally in good faith,  by the way.In real estate there are two different aspects to title interests, an equitable interest being the right to obtain full ownership (ultimately) a financial interest and legal title being the right to use, enjoy and transfer ownership. 

My bank will approve me with a $40k personnel loan and a lender will provide me with $80k which I'll need 20% ($20k).So here are my goals and issues.Goals:Build a new 4-plex for about $100k if possible (including land).Find 4 tenants and rent for $750 - $800Once the 4 tenants are obtained I would like to place the 4-plex on the market for at least $200k.Make $100k in profit and re-do but this time with the money I've profited. 

Unless you want to charge a higher rent and make her obtain renters insurance if you have no other applicants.

On the other hand, I have seen a lot of companies trying to make life difficult by having youncall a certain number and have to PAY for this information Ron make it very difficult to obtain.

All accredited investor forms and applications stipulate this.For others who are not accredited investors, most of their worth is in fact in their primary residence, however, it really can’t be counted either as they still need a place to live and unless they sell, that equity is not obtainable.

There is also an appraisal process and if contested two are obtained and an average value is usually taken (although they will likely come in low anyway as to the purpose for the valuation) as Jon pointed out, you shouldn't be there anyway.And if your deed was from an installment sale, default under the not constitutes a default in the sale agreement and the property goes back as an equity amount unpaid to the seller.Institutional investors are probably watching this closely and will likely become an issue in court.

What are the requirements for obtaining a commercial loan?

@Marilyn Mike You might want to check out Agentpro47, its a great tool to obtain lists for direct mailing campaigns. 

What are some other methods to obtain the funding but also keep the property in the partnership’s name?

HELOC- This is like a credit card and the borrower can obtain a certain amount of money during the lifetime of the loan.