Fund structures for Family and Friends as Investors

[Sherwin Gonzales]

BP universe!

I'm currently in escrow on a 16 unit multi-family property and am reaching out to family and friends to see who'd like to participate with me on this opportunity.

Is there any advice on how to structure the funds for my family and friends who may be interested in this deal?

I know that investors are offered a preferred interest on the money they invest. Some are also offered an equity share, but how much?

Any insight on this topic would be greatly appreciated!

Thanks in advance!