Live Oaks Capital
Private Partnership Request Access →
Live Oaks Capital  ·  BCLG Partners Program  ·  Private Partnership

The Founding
Partner Group.

A top producer has taken a documented equity ownership stake in a licensed Texas mortgage LLC — earning quarterly K-1 distributions based on ownership percentage, not referral volume.

Spots are available. Partners get first access to review the full proforma before the partnership fills.

Founding Partner
David Schneider Founding Partner
Partnership Snapshot
3.75
Per Partner
$500
Buy-In
Qtrly
Distributions
Limited
Availability
Limited to 20 partners. Spots are reviewed and approved on a first-come basis. Request access to review the full proforma before committing.
Founded 2004
Live Oaks Capital  ·  A Division of Barton Creek Lending Group  ·  Austin, TX  ·  NMLS Licensed  ·  RESPA Compliant  ·  Texas Series LLC
Founding Partner

One top producer.
One equity stake.

David Schneider was among the first to review the program and move. He holds a documented equity ownership stake in the partnership — reflected in a signed Texas LLC Operating Agreement.

01
David Schneider
Founding Partner
Earnings Potential

What 3.75%
looks like quarterly.

At baseline assumptions — 20 partners, 5 closings per partner per month, $400K average loan — here's what the numbers look like at your ownership stake.

Annual Projection
$135,000
Per partner at baseline · 3.75% ownership
Per Quarter
$33,750
Paid by 15th after quarter close
Monthly Est.
$11,250
Illustrative — distributions are quarterly

Projections are illustrative based on baseline assumptions — 150 bps total margin, 75 bps LO comp, 75 bps to partnership, 3.75% ownership. Actual distributions vary and are not guaranteed.

Ready to See the Numbers?
Request access to the full partnership proforma — ownership structure, projected distributions, and all agreements reviewed before you sign anything.
Full proforma with projected quarterly distributions at your ownership stake
Complete ownership structure and legal documents for review
No commitment required — ask questions before you decide
Limited availability — spots reviewed and approved on a first-come basis
Request Access to This Partnership →

No commitment required · Full agreements shared before you sign anything

How to Join

From interested to
owner in days.

Here's the process available to partners joining the Live Oaks Capital group.

01
Request Access
Submit your info. We share the full proforma, ownership structure, and partnership details — no obligation, no pressure to move fast.
02
Review the Numbers
Go through the proforma with us. Ask questions. Understand exactly what a 3.75% stake looks like quarterly at different volume scenarios.
03
Sign & Buy In
Execute your Operating Agreement and MSA electronically. Submit your $500 buy-in. Your 3.75% ownership is documented and on file.
04
Earn Quarterly
Distributions are paid by the 15th following each quarter close — April 15, July 15, October 15, January 15. You receive a K-1 annually.
Common Questions

Before you
request access.

Why is the founding partner listed by name?
Transparency is part of the structure. When you join a partnership with a named equity holder, you know exactly who you're in business with. David reviewed the program, ran the numbers, and moved. His name on the page signals credibility — not just a marketing pitch.
Do I have to refer loans to get distributions?
No. Distributions are based solely on your 3.75% ownership percentage of the partnership's net profits. No referral quota, no volume threshold. You're an equity owner — not a referral source.
What does my $500 buy-in actually purchase?
A documented 3.75% equity stake in a licensed Texas Series LLC. Your name goes into the Operating Agreement and you receive a K-1 annually. The buy-in is a capital contribution — not a fee.
What's the annual due and when does it start?
Year 1 is dues-free. Starting in your first full calendar year, annual dues of $500 are deducted from your first quarterly distribution. Dues do not affect your ownership percentage and are uniform across all partners.
Is there a max partner count?
Yes — 20 total agent partner spots. With David Schneider as the founding partner already in, there are spots available. At 20 partners × 3.75%, agent partners collectively hold 75% of the partnership — the majority stake.
Is this RESPA compliant?
Yes. The structure was designed around RESPA from day one. Distributions are tied to ownership percentage — never to referral activity. Partners provide clients with a standard affiliated business disclosure, which is normal practice for any ABA arrangement.

Live Oaks Capital  ·  A Division of Barton Creek Lending Group, LLC  ·  Austin, Texas  ·  NMLS #XXXXXXX
This page is for informational purposes only. Partnership participation is subject to eligibility review and execution of applicable agreements. Distributions are not guaranteed. No payment is conditioned on loan referral activity. RESPA compliance is maintained through documented equity ownership structure. The listing of the founding partner name is for informational purposes and does not constitute a testimonial or endorsement.