Multi family live in rehab

[Lauren Gomez]

Hi everybody, newbie here. Question and request for advice. I have a 4-plex I am looking to buy with FHA, with a partner providing the down payment. What might be some advice you would give to how to structure this deal? For example: just a simple interest loan to pay back the partner, or split some of the cash flow as well? And if we split the cash flow, would that be for the length of the loan? or for a set number of years? and if so how many? Also, this partner happens to be a real estate agent. Are there any ethical or legal things I need to be aware of? Any input or advice you have would be greatly appreciated!! Thanks in advance all!!