Financing for Flex Space Commercial - investors

[Matt Concannon]

$2.5M 45,000 sq ft.  25% down.  I am the primary investor.  

Question:

If I take on two investors at 12.5%...can I avoid them having to sign the note and getting vetted?  They are more than qualified, just don't want to go through the vetting process.  

Details:

Financing will be 75% ltv, 5-10 years fixed, 25 year AM.  Not sure of the rate in the current environment.  Negotiations are in final stages of contract edits between the attorneys.  

Open to any useful advice.    

[Aurelien Bonin]

The limited partners don't usually qualify for the loan, the general partner does.