NPN Investing as a JV

[Stacey Marsh]

Hello Note Investors,

I am considering investing with an someone who specializes in NPNs. I'd like to get your thoughts on the proposed terms.  I would bring the capital and we'd split equity 40%/60%  - my return at 40% with a full return on principle.  I won't pay any of the start up fees.  I have also asked to ride shotgun so I can really learn the business.

Does 40% seem appropriate based on other business models or are most people looking for a 50/50 split? 

Any advice is greatly appreciated. 

Thanks!