Investor security for a smaller investment
I have been rehabbing properties in Raleigh, NC. I'm about to look for investors with a $25,000 minimum investment so I can scale up my business. How can I structure the deal to give investors the security of a deed of trust on their investment, if the property values are larger than the minimum investment?
I assume the investors don't want to be in 2nd or 3rd position on a mortgage, and a tenant-in-common isn't ideal either.
Is there any way to do this without having to create a separate LLC for each property and divide the owndership of the LLC pro-rata to their investment?