Debt deal typically has less risk but less reward. Below are a couple of my guys (below) who lent money to as the Private Money Lender are sure happy after their hard work and risk. Lucky guys! They sold for $15,000 over anticipated. But for me as the debt investor, I saw no equity upside.
Equity deals have a lot more options on how returns are paid out. You partake in the upside returns and downside risks.
Well, at least the bought be dinner while I was in town.