can i offer equity % for down payment assistance on multi in LA

[Christopher Abernathy]

hi there, im looking to get feedback on offering a percentage of equity upon buying a 2-4 unit property in my name in here in LA. i will owner occupy and eventually cash who ever the investor is out or upon refi or sale of the property. this is not a straw buyer move. i just basically have no down payment at the moment because i run a small business and seem to be breaking even each month.  but im ready to purchase a multi fam property here in LA and surrounding. we can discuss property and or loan type yet it will most likely be conventional loan on a 3-4 unit in need of update. i have 680+ credit score, $126k / yr income,

in plain english.... i need assistance with the downpayment on a 2-4 unit multi family purchase and would like to make a safe and fair offer of a portion of the equity in the property. dont hesitate to repsond, just keep it positive :)

[Christopher Abernathy]

Thank you all for your replies. gathering the Responses here, i would open an LLC for this property, yet i WOULD owner occupy, and most lenders i know will accept downpayment from gift letter of friend or family. @Terrell Hill i like the value add option, so in essence we both take title if they choose to and qualify.. meaning (they do not have too many properties in their name already). i would do a 6-18 month rehab where the debt partner can recoup all of their investment and interest at that point or can stay in the deal partially and passively.  Also the downpayment i am seeking would be minimum $20k and maximum $40k i would repay $43,000 if we refi upon 6months and $47,000 if we reach 18 months before a refinance. so a Flat 15% for 6 mo and 17% for 18 mo.