Equity partnership structures

[Brittany Moreland]

I have a few large buy and hold properties I'm interested in and I have connections for the funding with 20% down.  I don't have the 20% down but have had 1 investor mention an equity partnership and have 1 other investor I would like to approach with the idea as well.  What is a mutually fair structure for an equity partnership if they're putting 20% cash and I'm going in with 80% financing?  I would guess the one putting up cash is going to want more than 20% return.  I also want the partnership to only be on deals that they put in the cash for not with every investment deal I do and I'm not sure how that tends to work with real estate.  I would like to present the partnership to both of these investors with all the details in place as I would like them and see who's the best option to move forward with.  If you have been on either side of this situation I would live to hear your thoughts!  Thank you