Best way to structure an equity partnership?
Hi there. I have 4 doors under my belt that my wife and I have funded on our own through a mix of cash and traditional mortgage.
As I have grown in success, many in my network have asked if they could partner with me on a future deal. I am at the point where I am out of liquid assets, and have left my W2 job to focus on real estate and a side business, so I cant get another traditional mortgage, and a deal like this could really be helpful with my current situation.
So my question: What are some good ways to structure an equity partnership with 1 or more outside partners in which they provide all, or almost all of the cash, to fund the deal, and I do all the work?
Would love to hear some different perspectives on this and how people have found success where all partners are happy.
Thanks!