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Updated about 9 years ago on . Most recent reply

Eric La Pratt's profile image
Eric La Pratt's profile image
Eric La Pratt
  • Investor
  • from Chicago, IL
  • Member since Jun 30, 2015
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Eric La Pratt's profile image
Eric La Pratt's profile image
Eric La Pratt
  • Investor
  • from Chicago, IL
  • Member since Jun 30, 2015
Connect
Eric La Pratt
  • Investor
  • Chicago, IL
67
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166
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Creative Real Estate Financing

Chicago cash partner terms

Eric La Pratt
  • Investor
  • Chicago, IL
Posted

As I look for deals in Chicago for my next investment, some are too pricey for me but might work with a partner. I am trying to get my bearings while I look. What are the terms a silent cash partner might be looking for in Chicago? Is a 10% cap too little? Is 8-10% COC return for a silent partner not enough? What do silent partners look for?

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