So I’ve been doing a ton of research on my market, analyzing deals, making connections etc.. and I have a partner who is suggesting that the deal be structured 65/35 in favor of him even though I’m the one finding the deal and all he’s doing is providing down payment funds.
Am I crazy to think that this deal should be structured as him providing all the down payment funds and me doing literally EVERYTHING to be structured 50/50 in terms of profits?
Thanks for all advice!
Can you find someone who'll accept 50/50? If so then those are the terms! At the end of the day it's a negotiation. If he'll only take 65/35 but you want 50/50, then you need to find someone who will accept 50/50, If it's a good deal, the money is out there.
At the end of the day, if you're brand new then 65/35 might be fair. Get the deal done so you can make some money, build your resume, and keep going for other deals
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