The owner Wants To Partner in a new development

[Jorge De Jesus]

I have been working this lead for six months, and we are finally ready to move forward. I have a vague idea of how to structure this but have never done anything like this. I’ve been wholesaling sfr now I’m staring at a partnership to develop 3 acres. Not sure who to turn to or what to do since the owner will only commit on principle to give me 120 days due diligence and to secure financing. Should I present this to an investor/developer or walk away since all I have is a handshake?