Updated almost 5 years ago on . Most recent reply
Fair splitf for "loan acquisition" partner?
Hi guys, I wanted to ask what is a fair split for a partner who brings their good credit to a deal (my credit is poor). Here is what each side would bring:
Them
- Acquire the commercial loan for a 2-4 unit property
Me
Down payment and all closing costs
Finding the deal itself and getting it under contract
What would a fair split look like?