Investor partner advice
We are exploring the possibility of bringing an investor into our land deal and would like your input.
We currently have an option on land. Our contract is "buyer friendly", due to the fact that we have been in contract for 3 years, without a close date. We also have 20% seller financed. This is a good size deal that is over $2 million.
How is a typical deal structured if an investor fronts all the money?
What percentage of ownership is typical for financing a deal?
If more information is required, please let me know.
Thanks for the help.