Structuring Partnership Deals in Large Multifamily

[Adanna Davis]

I find deals all of the time in the state of VA and I am currently working with an investor who is interested in a deal that I presented to him. Since I found the deal, but is not putting up any cash however, works day and night to get all relevant information on the property, what do you think is a fair share of ownership percentage and how would you structure the partnership?

I have an attorney, to make sure my best interest is there but I am willing to forfeit large profits/percentages because this is my first deal on a property this size and learning the process is way more valuable to me than the cash.

[Antoine Martel]

You get 30% of the deal to manage it. He puts up all the money and gets 70% of the deal