Llc or partnership

[Brent Delo]

I am looking at purchasing my first investment property but want to make sure all my tax and legal entities are in place My dad will be co-signing on this first loan from the bank so that I can get a better rate since I was discharged out of chapter 13 6 months ago. I am needing to know if I should setup a llc with both of us being members or would we benefit more by making it a partnership? We are looking at buy & hold & also some flips down the road should we come across a great deal where the numbers are right. I will be putting up cash on this first deal & do the renovating & we will put our profit back into the business