They will charge likely a few “points” percentage points as a fee, and then interested in the loan which could be due monthly or at the end.

He said he wanted to be involved in the decision making at which point I said more for him was fair in my opinion.His proposal: Each party initially owns whatever percentage of the money they initially invested.

@Brian OsonWhether you use traditional or a hard money lender they want to know you have at least the percentage you would be bringing to the table... it’s the “don’t waste my time” test.  

Then for Deal #2 you can decide if you feel comfy DIY or not.Most REIs (I don't have a percentage) that I talk to started out this way. 

Percentages are wildly inaccurate unless they are built from experience in your own market.

Hey Mike, i think you might want to look into Graduating Leases or percentage leases for a strip mall, also i have found that just because the seller has certain cap rate does not mean that is what your cap rate will be, if you research that property and maybe find things that the previous owners were not taking advantage of, or they were overpaying for a service, you could dramatically change your cap rate in short order. 

Now you can structure all of this into the rent - either as a flat rate, or as a percentage each month. 

Omaha, Nebraska · 2-Month Rent Change Post C19: +0.8%· Current Unemployment Rate: 6.5%· Percentage of Renters: 40%4.

Omaha, Nebraska· 2-Month Rent Change Post C19: +0.8%· Current Unemployment Rate: 6.5%· Percentage of Renters: 40%4.

I obviously do not know your ultimate goal but I always recommend factoring in at least a small percentage of the rent towards those things for a rainy day.