Nathan Payne walks through structuring a $350,000 wholesaling deal with a partner. He starts by offering 10% equity to a seasoned deal finder who raises funds, keeping 10% for himself to handle maintenance and property management. As talks progress, he pushes to increase his own stake, weighing what experience and deal-making connections are actually worth.
50% equity for the $350,000. So I reached out and the reason why I have the partners, because I've never done this before and I wanted to work with someone that had. And the guy I'm working with, he's done multiple, many of these. So it was kind of— and when we had originally talked to each other, I said, hey, I have this deal, I've never done any of these before, let's work together. So he was going to give me like 10% equity for being the deal finder. And, you know, he was going to raise the funds. I think he was going to get someone to raise the funds for 50, like where approaching you about, then he was gonna take the other percentage. And I was willing to do like the maintenance myself or manage the property manager for 10%. But I think now we've talked a little bit more, so I'm trying to get more equity with him.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
