If he leaves some in, he'll own that percentage of appraised ARV and we'll split the remainder of ownership/profit share. 

Hi -- if the ARV is $420k, what is your refi percentage?

Second, it's there are real estate crowdfunding deals that have investor names on the deed, too (and the percentages about the same).3) Exit strategy: It's incorrect to say that syndications in real estate crowdfunding differ this way.

You have a correct expectation that during at least the first 12 months of construction there's typically no payouts.

If you're going to wholesale, use your minimum needed profit to determine the percentage. 

Second, consider what percentage of the house will be used for rental, this is what you will need to determine for taxes. 4 bedroom house renting out 3 bedrooms, 75% of the house is rental portion. 25% owner. 

Not always 1:1, but reasonable percentage greater than our attorney fees.Procedure for TRECFill this out, mail email or fax it in.https://www.trec.texas.gov/public/how-file-complaint

I am sure there is a portfolio lender out there that would lend to you but that's a low percentage play.  

There are also implications of using loan proceeds to pay out distributions.

In return he will take his 3% if we purchase the property and invest into the total project for his percentage.