First property with a partner-structuring the deal

[Robert J.]

purchasing first residential with a partner - who to talk to?

Hello, Im looking to purchase my first home together with a business partner. I'm struggling with who I should be consulting (real estate attorney, mortgage broker, tax advisor )

For context, my business partner and I run a c-corp in the USA. For the past 10 years we have been renting an office. My partner is not a USA citizen, he comes in quite often and stays at hotels. Our business generates roughly 5mm revenue annually. Currently our office rent is 12k per month.

Since COVID we have gone fully remote, resulting in not needing our offices. We are now looking to purchase a residential sfh together. For me to live in and him to stay when visiting. Our plan would be to rent a portion of the home to our business and kill our hotel expenses.

My partner is able to come in with upfront capital, and I'm in good shape for a mortgage (200k salary, good credit and no debt) and our company can cover a good chunk of the monthly expenses based on repurposing our office rent.

I feel we should be able to pull this off, but I'm struggling with how to structure this. Create an LLC, do a joint tenant venture, what type of lending we need etc. I know we need a good real estate attorney, broker, and tax advisor, but where do we start?

I'm trying to establish a budget starting with how much we can get in lending. 

Any advice is appreciated