Financing an investment with an investor

[Felipe Gonzalez]

I am about to start my Real Estate Investing company.

An uncle of mine wants to invest $10,000 with me.

My question is, if I buy a $100,000 property, does that mean he owns 10% of the property, or some percent of my company?

I don’t want to give him any percent of my company, but a percent on the property his money is being used in is something I consider.

Is there a general rule when people are investing money in your real estate company? Out of that %100,000 property I buy, how much percent should I give him?