Sure, you can execute it like you outlined, but you would need to purchase the property at a discount and the question is can you get the property at enough of a discount?

It will also be used to finance other things such as broker fees, consulting fees, labors costs for the company, executive pays, legal fees, maintenance of the properties, property management fees, and other fees needed to operate and maintain the company unmentioned.Investors will get returns on their investment given to them in exchange for their investments when the company is taken public through an IPO or is sold.

They aren't easy but they can be amazing when executed properly.

The house has great potential if the plan is executed properly and I could make a net profit of about $40k.

Have the capital in place before finding the deal, that way you are ready to execute when the right opportunity presents itself.

So it's better to learn the market area and execute your plan.

You and the partner would execute a joint venture agreement stating all the terms of the deal (i.e. who puts up the money, who does the work, who makes the decisions, how are sales proceeds split).  

One title holder doesn’t necessarily need to be liable on the Note(the debt), but they’d have to execute the Mortgage which is the security instrument for the Note. 

The 4 Disciplines of Execution - Sean Covey, Chris McChesney, Jim Huling.

Suggestions on executing something like this?