How to handle the down payment when partnering with my sisters

[Jia Liu]

Hi all! I have two sisters who have the money to invest with me. I have no money at all. The idea is that they put in the money for down payment, and I do all the work including getting the mortgage under my name. We have a very close relationship and have 100% absolute trust in each other. My question is how do I handle the down payment money? 1. Ask them to put the money in my personal account and write the down payment check myself? 2. Can they write the check for down payment on a loan/mortgage under my name? 3. Hassle with starting an LLC? Thanks!