Joint Venture - He Has the Capital, I Do The Rest

[Account Closed]

My business partner is a Brit. He has the downpayment for the initial investment. 20%. I have the expertise. Am a realtor. Will identify the property, and either flip it or rent it out. What should be our partnership split? We've not yet done an agreement and I don't want to do much more before we have a contract. I'm hoping to do a number of deals with him. He describes himself as "the silent partner."