Need Help With New Development Partnership Structure

[Jason K.]

Hello,

Need help with structuring a partnership and thought I'd finally reach out to the amazing folks at BP for help.

I'm looking to partner with a developer who is looking for capital to fund some more projects. His role would be the finding of the deals & overseeing construction. My role would be to raise 100% of the capital and keep the investors happy. I can also manage the sale of the property. In this type of scenario, when it comes to the Developer-side profits, is it normally a 50/50 split between the developer and myself?  I know every deal can and should be different but if the roles were split like this cleanly, is this a reasonable way to structure the partnership? Thanks so much for listening.