I'm a self funded searcher trying to outline the capital structure of a potential deal. I don't want want to take on debt in this uncertain times (I'm afraid to get crushed under the weight of debt if an economic downturn to this particular industry), so I have seller financing and equity available. How do I decide how much equity I should keep? I realize potential investors will push back and negotiate their own specific terms, but where do I start? Do I start north of 50% just because I self funded?

Any advice is greatly appreciated.