First multi-family purchase partnering with family

[Jennifer Dorsey]

Hi! I am looking to buy my first multi-family. I have a sister that would like to invest cash as a silent partner. My mother and I will be splitting the remainder. Do you have any advice on how to protect all three parties? Who’s name should be on the mortgage/deed. Was planning to quick claim to an LLC at closing but the LLC forum didn’t seem to highlight that idea. We have a meeting scheduled with our RE attorney. Any advice at all would be greatly appreciated.