Updated over 3 years ago on .

Deal Structure with Financial backer
I am a new investor and I have recently connected with someone that is willing to financially back my deals. They are not real estate people so I need to be the "industry expert". My question is how or what is the best way to structure a deal? Can we just buy the house together? Do we need a formal entity? I understand there are unlimited options but I'm looking for some ideas. Some of the properties I'm looking at we could pay cash for does that make a difference in the deal structure?