Structuring the Deal with a PartnerWhile your partner cannot directly participate in the loan, there are ways to structure your arrangement to reflect your 50/50 partnership:Option 1: Post-Purchase Equity SaleYou obtain the 203(k) loan in your name as the owner-occupant.After closing, you sell your partner 50% equity in the property via a quitclaim deed or similar legal instrument.Your partnership agreement would outline each person’s roles, responsibilities, and share of profits.Note: Be mindful of FHA’s rules around title changes and ensure this doesn’t violate loan terms.Option 2: Partnership Contribution AgreementYou both contribute to the down payment and renovation costs as outlined in a partnership agreement.Your partner’s contribution could be recognized as a share of the equity in exchange for funding, services, or property management.The partnership agreement would detail how profits, responsibilities, and equity are split.Option 3: Joint Venture AgreementStructure the deal as a joint venture, where you own the property personally (required for the FHA loan), but profits and roles are split per a formal agreement.Your partner could receive equity-like compensation through profit-sharing without being on the title.3.

Cool such  an awesome and informative post!!

Our STRs are all booked for the holidays majority wise but the one week that is slow across the board is the week post-Thanksgiving.

I have scores of posts on BP regarding this issue and HUD. 

You just got a super cheap education #8 I would seriously consider a bond fund etf vs real estate based on your post. 

Keep us posted on the journey.BiggerPockets forums are a great place to go if you have any questions, want to learn from other investor's progress, or if you're just looking general feedback. 

New investor here and have been learning so much from reading all the posts on BP! 

Please do report back to the post. 

Definitely agree with Kevin, a lot of insight in this one post, especially on staying practical and working fast to put a deal together. 

Then after that post whatever specific questions you have.