Partnership Equity Split Question

[Simon Cox]

Hey y'all!

Just found a property I'm very interested in purchasing to hold and rent out via AirBnB for the foreseeable future. I will need to bring in a financial partner to make it happen and would love to hear your opinions on what a fair equity/cashflow split would be.

Cash needed to do the deal will be about $40k. If the partner brings $20k and has the mortgage in their name/on their credit, what percentage of the equity seems fair to give?

I want to be fair but not give away more than necessary!

Thank you in advance!