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Updated about 7 years ago,
Deal funding from family/friends
Hi there, so I have a question on asking for funding on deals from interested family and/or friends. How have you all approached them the first time? How was the deal/contract structured? I’ve heard Brandon say he’s done it where he’s brought the deal to the table. They brought 100% of the funding and they all just split the profits/cash flow 50/50. Does that mean if you brought bring the deal to the table and you have half of the needed funding, in the end your split the cash flow 25/75? Thank you so much for sharing your experience! I’m learning so much from everyone on here, y’all rock!