Updated almost 5 years ago on . Most recent reply
Office Building Purchase
Hello BP Members.....my partner and I are branching into a commercial office space with our business as one of the tenants. We have an investor/partner looking to provide cash for the deal, most likely 25-30% of the purchase price. We will manage the property. We are looking for best practice scenarios of a general partnership split for the building. I am inclined to go in the direction of 50% cash provider and 50% to us to split. Again, we will manage the property and additional tenants. I look forward to hearing your best practice ideas.