Need opinion- offering 50/50 partnership for 25% of the cost

[Markus Ennis]

So I’m looking to become an investor with little to money down but have family that are investors and all say should do more commercial. So since I don’t have much to offer yet I was planning on offering them this but want to see if it sounds good and get opinions.

So of course I’m going to show them the mobile home park and all the details I’ve gathered but I’m offering them to pay 25% up front and the closing cost and the other 75% will be mortgage and after the 50/50 net income each month from my half the mortgage will come out before anything else and I will pay that all off.

Opinions?

[Markus Ennis]

@Caleb Heimsoth I didn’t think it was that bad because say it’s a 600,000 property they are getting 300,000 worth for 150,000. But that’s why I asked so thank you I’ll have to re adjust