How To Structure Financing With an Investor

[Liam Galbraith]

Hi BP Members,

I have an investor who will provide me with the down payment on an investment property. I will manage the deal and receive a portion of the equity in return for doing so. My questions is how do I structure financing for something like this? I originally wanted to take out the mortgage under my name using my investor's funds but, this doesn't seem possible without the investor having to pay the gift tax on the down payment when he gives it to me to invest.

Any tips for how to structure this deal in order to move forward? Would we need to form a join LLC? A limited partnership? Any help is greatly appreciated, thank you!