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Updated over 7 years ago,
Thinking about flipping in Wisconsin.
I'm weighing the idea of doing a flip. My friend is a general contractor and I have capital. I'm disabled and unable to do work. After having loose discussion we're not sure how we could split the deal. His time is obviously worth something but is it equal to my downpayment plus expenses or the risk I'm taking if we end up holding too long?
This is completely new to me to I haven't even punched numbers on any properties. I'm just wondering how the partnership would work. Has anyone worked a similar deal?
Thanks!