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Eric La Pratt
  • Investor
  • Chicago, IL
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Chicago cash partner terms

Eric La Pratt
  • Investor
  • Chicago, IL
Posted Dec 7 2015, 19:41

As I look for deals in Chicago for my next investment, some are too pricey for me but might work with a partner. I am trying to get my bearings while I look. What are the terms a silent cash partner might be looking for in Chicago? Is a 10% cap too little? Is 8-10% COC return for a silent partner not enough? What do silent partners look for?

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