Partnership - Ways to hold title, conventional financing required

[Matt Gogh]

Hello BP friends!

I am planning to partner with a friend who will provide 20% of money for the downpayment, while I get conventional financing for the 80%. My question is: How do we legally structure the partnership to reflect the ownership (20/80)? Can we split it as such on the title? Or are we forced to have one person on the title, while having a separate partnership agreement?

Thank you!