Buying a property with a partner

[Justin Shepherd]

Hello BP members, thank you for taking the time to read my post and share your experience. My question here is how would I go about securing my interest in a property that I am buying with a partner when only one partner is obtaining the mortgage for the property? 

Here is my situation- My self and a partner are buying a 4plex together, he will be obtaing the mortgage and we will both split the downpayment 50/50. To my knowledge a lender will not allow a non-borrower to be on title. Would it make sense to close on the property in the name of the borrower and then transfer title to a trust that is owned 50/50 by him and I? 

Thanks in advance for any response