Setup of bringing in an investor

[Mitchell Berry]

Hey everyone! I’m looking at my second property but am having to bring in someone to fund the deal. How do you all typically set this up? Do you tell them you’ll do all the work and split all revenue down the middle after saving some? Or is it more like you take the revenue to make a monthly payment on the property (seeing as they’re using a HELOC) and then split that down the middle? They’re worried about not profiting as much since they have the payment! Thanks, Mitchell