Billy - How to Structure LLC Collateral

[Billy Raz]

So I want to start a business in which properties will be purchased under and LLC (my company), but the investors whose money I used to purchase the assets, will be entitled to the collateral (or assets).

I'm confused. Do I vest the properties in the investors names? Or do I vest the properties in the name of the LLC, and have some sort of separate contract stating that if I default on interest payments to the investors, the real property is the collateral.

Thanks in advance.

Billy