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Updated over 2 years ago,
Advice or Referrals for RE Investor Partner(s) - 50/50 ownership
I've identified a few properties of interest as I work on finding my niche (commercial RE/multifamily RE) and don't have ample resources to acquire the properties at the price points I'm looking at $500k - $5M. I've explored the notion of seller financing or carry and have seen some sellers offer up to 15% in seller financing/carry. I'm looking for a RE Investor Partner(s) to cover the downpayment for agreed-upon deals and am looking for the following terms.
Downpayment covered by partner
80% / 20% payback to partner until downpayment and agreed upon return are met (80% FCFs to partner, 20% to me)
50/50 equity and cash flow split after this threshold is met in perpetuity until agreed upon sale.
Please let me know if you are interested, know of anyone I should speak with, or have any advice for what I have outlined - Many thanks in advance!