How to structure a partnership with four people?

[Saulo Queiroz]

Hello!

I'm very grateful for BiggerPockets and this amazing community of people. After learning about Real Estate for a few months and finding out financing while self-employed isn't that easy I have gotten together 3 close friends to start a partnership. Besides funds, each brings different things to the table, and it would be great to work with them.

My question is this, on the book "Building Wealth One House at a Time", he talks about how to split 50/50 one person can get the loan and the other deed an undivided one-half interest after the loan is in place. So if one of my friends gets the bank loan and finances under his name. Can he then deed a quarter of the property to each of us? 

Thanks in advance for the help!