I have an opportunity to invest in individual projects through my work. We develop turnkey properties that we sell to rich people for cash flow. The invest period for these projects are 200-280 days. I have great visibility to all projects because it is my primary role to source debt/equity for each project.
Some of my coworkers have set up LLCs so that they can have their friends/family invest with them into these projects.
I have minimal liquidity (I am applying for revolving debt), but my father, and grandfather have significant liquidity. Thinking about how I might be able to charge a small origination fee for each deal in order to do the grunt work for them in providing DD, but I would also be injecting my own cash.
My question to you is: How would you structure the entity? How would you set it up where I get a flat fee or percentage of each deal for supplying access to these types of returns and doing all of the money movement, as well as signing docs. Obviously, I am close to my father/grandfather, but I don't think it's unreasonable to charge something for them to be able to get a 20% return over 250 days when I am doing all of the work.
Some of my coworkers have set up LLCs so that they can have their friends/family invest with them into these projects.
I have minimal liquidity (I am applying for revolving debt), but my father, and grandfather have significant liquidity. Thinking about how I might be able to charge a small origination fee for each deal in order to do the grunt work for them in providing DD, but I would also be injecting my own cash.
My question to you is: How would you structure the entity? How would you set it up where I get a flat fee or percentage of each deal for supplying access to these types of returns and doing all of the money movement, as well as signing docs. Obviously, I am close to my father/grandfather, but I don't think it's unreasonable to charge something for them to be able to get a 20% return over 250 days when I am doing all of the work.