Updated over 8 years ago on . Most recent reply

Need advice structuring a Partnership
I am investing with a partner on a mixed use property. I am putting up down which is only 5% - and money for improvements - approximately $50K. We want to structure it where he pays me back 1/2 of all the money I put up.
Then we will be 50/50 partners. I'm just wondering what the best way to get my money back? Take the rental profit?
Or.... do we structure it where I get more of a percentage of the entire deal? Not sure how to proceed. Any suggestions would be much appreciated.