Updated over 1 year ago on . Most recent reply
Partnership Structure for downpayment
Hi! I have an opportunity to get seller financing on a great commercial property that is off market in a hot area. I found the deal and have 50% of the cash to close and plan to manage the property. I am going to need to source funds for the other half of the downpayment and so far a few potential investors have said they still want 50/50. If I brought an off market deal, I'm doing all the work on the management side, and I'm bring 1/2 the capital doesn't a 70/30 sound more fitting....? I'm looking for input here because maybe I'm out of touch or I'm missing something - I haven't done any partnerships yet.