We have a friend/business partner who would give us $37,000 and we thought we would put about $10,000 and we'd split profits as 63% for our friend and 37% for us.

Essentially, how much equity should I be prepared to split with in investor in order to not bring additional cash to the deal?

I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split

It seems that BP is majorly split between those who have never done a deal (probably 80%) and those that have 2+ deals under their belt (20%).

@Yixiong Pan - If others have the cash to put into deals it sounds like you could form a JV partnership with others where they bring capital and you operate the deal and come up with a split of equity of the purchase.

Splits.

In a split second, they might click your link, and just like that, $10-$30 of CPC goes out the window.The main takeaway is this: always ensure your campaign shows up for the right KEYWORDS.

(Example 8% pref return, then 80/20 split until achieve 15% IRR, then 50/50)  The main reason most syndicators offer a preferred return is because people that invest in mutual funds feel like they are guaranteed as high a return as they would get in the mutual fund. 

As a seller would you question this and renegotiate a lower percentage of purchase price (3% to listing firm only), or request it is a more even split?

Sometimes it is easier to split the profits and JV with someone if they can bring a valuable skill set to the table.