Structuring Whole Sale Deals

[Justin Minikes]

Hello all,

I’m curious about how everyone goes about structuring their wholesale deals. I have never done a whole sale deal, but am interested in whole selling since I’m just starting out. 

What kind of terms do you typical have?
Do you determine the % you take from the deal based on purchase price of the property before any rehab?
If I am looking to leverage a deal to gain experience with a investor so I can learn more from them, would it be a good idea to take less off of the deal for myself?

I’ve seen bandit signs of multiple investors in my area so my plan is to bring potential deals to these investors in order to gain experience/rapport with other investors so I can learn from them and network. Ideally, even get hired these investors part time to find deals while I maintain my full time job.

Thanks in advance for any help here.