Private Lender Contracts

[Jesse Casillas]

Hey BP Community,

We want to use capital from multiple private investors for the down payment on a multi-family commercial property but we want the property to be under our name, not the investors. How should we structure this so that we can ensure that they are covered if we default but also keep all ownership, as long we as follow through with our promises? I have heard of putting the private investors on a lean but with multiple investors, we don't want multiple leans on the property... Any advice is appreciated.

Thanks,

Jesse