Amidst news that Lindsay Lohan is stepping back into the studio to work on her third LP, the Long Island-born bleach blonde is also in talks for an album collabo with Queens-bred rapper 50 Cent.

“Yes, they’re talking about working together,” Michael Lohan, Lindsay’s dad, confirms to Life & Style.

“Nothing’s firm yet, but they’re in talks.”

“They’ve actually known each other for a while, just from being in the business together and crossing paths at events.” “They’re friends.”

“Lindsay wants to get into the studio as soon as possible,” a pal says.