Investor wants 50%, should I?

[Tom Sanquist]

I'm asking for 375k to buy 30 units (buy and hold) in the next 6 months, my investor wants to do a joint venture by creating a parent company with both of our llc's.

Im doing all of the due diligence and long term managment of the new properties. He wants to split 50/50 of all properties acquired and 50% of the 10 current properties I own.

I will not have to put any cash of my own in if I give home 50% of my currant properties.

[Tom Sanquist]

Thanks everyone! My original offer to him was 80/20, he was stuck at 50/50. Didn't feel right but this was new to me so wasn't sure if I was missing something. I will be making phone calls for other investors. Thanks again!