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Updated over 8 years ago,
Investing with partners
Hi BP family,
I have a question of structuring a partnership. I would like to know if anyone has put this kind of deal together.
Ex.
- 5+ Unit that cash flows.
- But instead of bringing the money to the table you have investors put out the down-payment, ex. 30% of Purchase Price + Closing costs.
- As the person putting everything together you take a percentage of the equity and charge a mgmt and acquisitions fee.
My question is how do you structure something of that nature?
And do banks allow you to let others put up the money and you sign off for financing? (I do have good credit and a pretty decent income)
Any advice would be appreciated.