Have preliminary conversations with them to see what their requirements are as well as the terms of their product (i.e. draw period, floating interest rate as it relates to prime, repayment schedule, annual fee, and closing costs) before you start forking over all kinds of financial documents.3) Most banks will go with 80-90% LTV, which means they will take that percentage of the appraised value and subtract it from your outstanding mortgage to determine the credit line.

., who's to say she has any percentage of actual ownership?

Curious as to what a reasonable percentage down would I need? 

Let's say in a perfect world, I find a hard money lender that lends me a large percentage of the purchase price and renovation.

We are looking into buying our first investment property in which we will live for a year and then proceed to rent out. We have a large sum of money in stock investments that’s are doing very well. We are a young coup...

@Chris Rendall, as well as the seasoning period, keep in mind that the Refinancing Lender will only lend up to a certain percentage (typically 70%) of their appraisal.In your example, even if it appraises at $120k, that would only allow an $84k Refi!

Should we base percentage on how much value each person brings?

What's its ROI as a percentage? 

I know in my state, "net" listings are not allowed, but it may be that he is trying to change the relationship from agent to partner, where he gets a percentage of the profit in lieu of commission?   

They may give you a percentage of every referral you give them or bonuses, but again it depends on the broker.