Split between Partners

[Angela Meraklis-Lyons]

I have a partner who is going to be financing the whole deal. We haven't discussed the split. Can anyone give me an idea of a typical split between a partnership like this? I will be doing all the legwork, working with everyone to get the deal, and just present it to my partner to sign off on.

We're looking for an apartment complex in Baltimore to hold. All he cares about is the ROI, so in order to make the deal happen, I need to make sure he's happy with the numbers. The other option would be to just ask for a fee so I will have the means to find and secure another deal.

Advice about negotiating terms before we have that conversation so I can be prepared?

[Ned Carey]

@Angela Meraklis-Lyons I really like @Lane Kawaokas idea of a breakdown of the elements. I would add one to his list; who is managing the deal.

Another factors are; is the person financing the deal an owner or a lender, and also is your role just as a deal finder or will you be an owner.