Entity Structuring Advice??

[Yinna Wang]

My fiance and I are buying a multifamily home to owner occupy. We are going 50/50 on it. However, I'm paying with my own money. And he is getting private lending. His private lender is a family member, who is proposing an entity structure that is an LLC owned 50% lender, 50% my fiance and me, with insurance and operating costs funded by lender.

This all seems quite complicated to me, so I'd like to find someone with entity structuring experience to speak to. Is there a lawyer that specializes in this? Can anyone recommend one? The house is in NJ.