Advice on flipping with an investor.

[Shawn Kourtney]

Was hoping for advice or to hear what others here have done with regards to partnering with a financial Backer. Myself and my partner are both builders by trade and got into a partnership with a strictly financial 3rd partner to flip homes. The deal on the first 2 homes we purchased were myself and partner A found the homes while partner b put up the funds to purchase the home and paid for materials. Myself and partner a didn't pay ourselves a wage during the rehab and we split all the profit at the end. Home 1 was an investment of 115000 and we sold for 275000 which put just north of 40000 profit for all three partners. We are almost at the end of the second home and didn't take a wage again and look go profit about 20000 each on the 90000 budget for purchase and rehab materials. Going forward this seems like far to much profit to be giving up to a strictly financial partner. Anyone have any advice on how.they have split deals with finances or whether just dealing with a bank going forward may be a better plan?