Tips on Asking for Equity in MF Deal

[DeShaun Sellers]

I was able to bring an off market deal to a couple investors recently. It is a 238 unit apartment complex. The seller is a good friend of mine and is allowing me to shop it for him. I am a licensed real estate broker but I would like equity in the deal instead of commission. I am willing to do what ever is necessary to be of value after the deal has closed. I have never constructed anything like this before but want to learn and "get my hands dirty". The idea I have in my mind for is to ask for 3% equity in the deal. I know everything in real estate is negotiable but is that too much to ask for in a deal? Just looking for a little guidance on how I should structure and where I should start. Thanks in advance!!