How much equity should i give a wholesaler?
Hey Everyone,
I have a question that I do not have an answer to.
I am currently working with a wholesaler that finds me great properties, better than any other wholesaler i know. They are great multi-family properties and fit all my criteria. The issue is that he does not want money anymore, he wants equity in every deal moving forward.
1. How do i go about structuring this?
2. What amount of equity (percentage wise) should i offer him?
I am the one putting the money, time, risk etc. to purchase this property, so i'm wondering whats fair?
Thanks