Quote from @Brandon Callahan: I had someone that I trust and respect approach me about becoming a partner in some real estate deals, but I have some questions about what would be a fair in terms of ownership given this potential partner's proposed partnership/ownership structure.

Step back and view the deal from your perspective, as this is a strong deal in terms of cash flow and equity. 

I'm figuring that paying for one lot is better than paying for two in terms of taxes.

Whether you’re doing a:• DSCR loan• Fix & Flip• Ground-Up Construction…what are you seeing in terms of total costs at the table?

Is this just a no-go in terms of getting a loan or are there lenders that are willing to lend on these types of properties? 

How do we structure equity—cash vs. mortgage in terms of partnership in your opinion?

I'm gonna tag @Elise Bickel Tauber in this post as she's definitely the right person for you to get in touch with in terms of investing in the Pittsburgh market - smart move by the way. 

What are your goals personally and professionally - in terms of real estate investing?

Real estate investing is an inherently risky area to navigate in terms of liability, and you want to make sure that risk is mitigated wherever possible.

That kind of flexibility from the seller, paired with motivated timing, is rare and powerful when you have capital lined up and can execute fast.I completely agree — off-market deals have always outperformed in terms of margins and control.