Partnership %?

[Andrew Wu]

Just curious what you guys would take as a percentage of a deal for partnerships where the partner would put up 100% of the capital/financing.

Currently have 3 rental properties under contract for but can only close on 2. I spoke with a business mentor about the situation this morning and he suggested that he would be interested in going into the 3rd property with me depending on what I would take from the deal.

I would be managing the deal (rehab+tenants) and he would provide the financing/capital.

What do you guys think?