investing with partners

[Alex E.]

Hi everyone,

I have a friend who is willing to cover the downpayment for a multi-family or apartment building, which is around 20% of the loan amount. I am also planning to apply for a commercial loan since a lender is more concerned about how much income the property will generate than one's credit history, and since I don't have a steady work history.

I am planning to pay my friend back with interest for the downpayment he is going to cover. I plan to pay him back with the income from the property.

So I have two questions:

Will a lender allow me to have my friend cover the downpayment in addition to me paying back my friend with interest?

And with a commerical loan, it is more about how much income the property generates rather than my "ability to pay" and my work history?

Thanks.