What is the going rate for capital partner?

[Mark Lovejoy]

I came across a great deal that’s bank owned and wants a cash deal. I have plenty of equity but not enough time to get it these days.(corona) My partner wants 20% after 6 months. I’ve never used private money before. Is that the going rate? I know hard money is at 10% in my area but how many fees are involved? Never used hard money either. Always went conventional. Which way would you go?