Starting Estate company with my mother but my credit is shot??

[Arturo Smith]

My mother is in the beginning process of purchasing a home in the Bronx, NY as an investment property. My question is would i be able to be an owner as well if I did not put any money down. Also, how would members start the actually business platform to where me and her are 50-50 partners? 

[Steve Vaughan]

In my experience, banks will need all vested owners on title to qualify. They won't allow just anyone to be an owner without also being on the loan. 

Why would someone need or want to add a 50/50 partner that has nothing in the deal?  Are they doing the rehab and ongoing management?  Sounds ripe for problems, family or no.