Equity Partner - Deal Structure

[Chris Marangoudakis]

I am looking to enter certain partnerships with Equity Partners. My company would be responsible for finding, renovating and reselling the properties and the Equity Partner would be funding the purchase of the property + the rehab costs. I could possibly kick in some money so that I have some skin in the game, but right now we are looking for the money partner to finance 100%.

What would a fair deal structure be between me and the money partner be? Let's say he was coming up with 150,000 (property) + 60,000 (rehab) for a total of $210,000. What should his return on initial investment be? What about the profit distribution at the completion of sale?

New to the site and I love what I see so far! Thanks for the help...

CKM