Value of having mortgage in my name (in a partnership) ?

[Mark Abele]

A friend and I will be investing in a single family together. I have lots of experience in REI and have partnered with lots of deals with my parents, but this would be the first with him (and first REI for him). I trust him with my life so that issue doesn't need to be discussed. But we both realize there is some inherent value when I will be having the loan solely under my name.

For example purposes, if we buy a $100k home and are putting 20% down, I would put in $15k and him $5k. Would having the loan under my name be worth another 2% of the home's value? So upon closing I would own 77% and him 23%?

Thanks in advance for any feedback!