Lender: First Liberty, Heather Howerton Title: Chicago Title, Haley GannBroker: Table Investments (our company!)

I like this idea, but I'm not sure a hard money lender would approve a loan application without me taking title?

When do you get actual title to the property. 

@Mauricio Botero when you originally purchased the property a year ago did you have a title search done?

He has agreed to sell the trailer for $1 (yes a single dollar) if I can take over the title and thus the lease.

As long as it is what they call a "market purchase" meaning you closed at a title company, got a HUD-1, got a loan, etc.

He creates a note interest only, or no interest with breakdown of equity split if there is one You or your company takes title to the property.

For example, I spend considerable time contacting agents, property manager, lawyers, contractor, mortgage brokers, etc to building a team of ongoing contacts and selecting couple that best fit for my company and BRRRR strategy, I also read the book by David Greene title BRRRR.

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Make sure you account for Realtor commissions when you sell also be sure to add in title fees and seller concessions as well and if after all those numbers you are still walking away with a good amount in a reasonable time frame then yes it can be done.