50% of a deal?!? Not so sure?!

[Nicholas M.]

Would you put 50% of a down payment (35k) for 35% of the equity and 35% of the cashflow? I would be a cash only investor. Beach town in NJ

[Nick C.]

So the other investor is putting 50% down, but also finding the deal, managing and leasing the property, and dealing with tenant and maintenance issues? 

If that's the case 35% doesn't sound too bad. Although if he's responsible for those things, hopefully he has a proven track record of success? I wouldn't do it if this is his first deal.