95/5 Equity Split

[Jimmy Klein]

I am currently purchasing a multifamily building in California. I have found a small investment group looking to provide 95% of the equity and I would provide the 5%. I just wanted to know if anyone had experience with this structure and how would the escrow of funds work. Would we both submit to the title company or will the investment group just wire me the funds and I sign a contract stating the funds are for the purchase of a property? I am sure they will want to do it a certain way, but I prefer to do it in the right way. Anyone familiar with this? Also part of the funds include paying down closing costs and legal fees, so I would need access to some of the money to close. Any other additional comments regarding the closing on this?