Structuring a Partnership for a Deal

[Eric Rosiello]

Hi BP community,

About six months ago I posted on these message boards asking for advice and recommendations regarding property management. I am happy to report that after an extensive interview process I hired a property manager that was recommended by you guys! And thus far, working with the property manager has been a pleasure and has done wonders for my business.

I’d like to reach out to the community again for advice when partnering on a deal.

The situation is this:

• I am looking for an investor to put down 50% of the down payment (10% of the property value).
• I would put down the remaining 50% (10% of the property value).
• I will supply the renovation funds (10% of the property value).

I’m looking for a 6-8 family in the areas surrounding Boston.

How would a deal like this be structured? Looking for any and all ideas from those with experience.

Thanks all!

Eric