help with a proposal
Hello, so I have an investor that I met through wholesaling. We have been building a professional relationship and the short time that we have known each other he has taught me a lot and I have taught him some things about the market he is searching in right now. Well recently I asked him if he is also a private money lender and he says he will consider it. Ive been finding deals on the MLS that would make perfect rentals or flips. I lack the capital and he lacks time to manage all his investments. Anyway, I want to do a partnership deal with him either using the brrrr strategy or private money. as far as the brrrr strategy by buying a home off the MLS Im not sure where I would be needed other than bringing him the deal, I don't have much money to invest with him but I do have time. I would like to write him a sample proposal but I'm not sure what to put in it. I guess my intentions for partnering with him will be considered syndicating, what should I ask for as far as percentages and what should I offer such as time or managing the property?