mortgage deed -partnership

[Itay Heled]

I was wondering if any members in forum can help with an advise regarding fix and flip partnership deal.

I am purchasing a property for a fix and flip as capital investor (100% of funding)

with a  partner who bring sweat equity. we split profit 50/50 in the back end after selling.

property title is going to be on my LLC name. my question:

Assuming property is clean and since I am the only one on  the title, is there  any point filing a mortgage deed on the property to secure getting the invested money ? 

Thanks!