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Updated almost 11 years ago,
I have private investors (friends) wanting in. How do I incentivize them
Basically, they have seen me work really hard to come up with money for my own deals, when I first began doing flipping, I would ask them to join in and we would share the profits, because I needed lots of money, but they weren't too interested. Now, that I have enough money to do only smaller deals in rough areas by myself, they have come up to me wanting a slice of the cake.
My question is... How big a slice would be fair enough, in exchange for their funding of let's say 50% of an investment property?
I just want to set up a structure with a certain percentage depending on how much funding I get from them.Thanks everyone I really appreciate you guy's help..