Structuring Partnerships Fairly??

[David White]

Hi all!

I am relatively new to the Bigger Pockets forum space (albeit I’ve been following the YouTube channel for about a year now). I currently own 2 single family rental properties. However, my next deal I’m partnering with someone to acquire a small multi family deal.

My question is in regards to how to structure the partnership from a capital allocation standpoint. Do you guys tend to split the down payment and rehab budget 50/50? Or does one person normally put up all the capital while the other focuses on sourcing and closing the deal? I realize this is a pretty open ended question. Just trying to get different perspectives...