LLC Financing Question

[Chad Pore]

Hello,

Here is the scenario:

Set-up an LLC with my dad and brother to begin buying/owning real estate. We are in the process of BRRRR'ing or first property.

My dad and mom have owned a single-family rental home for over 15-years. We would like to buy the property through the LLC. The catch is, we only want a loan for 2/3rd of the value as the other 1/3rd would be covered as my dad's share of the purchase. So basically, we are looking for loan options to loan around $50K-ish on my parent's $80K-ish rental property without requiring any additional down payment. My parents would walk away with the $50K and the house would be owned by the LLC with an $80K+ value and is currently rented for $825/no.

Any thoughts or direction is greatly appreciated.

Chad