How to Partner on an SFR or Small Multifamily

[Joseph Crunkilton]

All, 

I'm looking into purchasing my second investment property an have considered bringing in a partner. He is a family member who is not experienced but can really help my capital to invest. How do you structure a deal to benefit both partners? Do both people just sign the purchase agreement? Do both people need mortgages?

I want to hear from anyone that has experience in doing this. 

Thank you,