JV Structure Question

[Liz S.]

Hi guys! Quick question: if you have ever done fix and flips with a JV partner, how have you structured the deal? I have some experience with flips and have been successful. However, we are doing a large rehab (our next personal home) and all our capital is tied up for the next 4 months or so. I would like to find a partner that would fund a deal and I do all the leg work. Any examples out there of how you guys have done it?

[Antoine Martel]

Yes. They fund 80% of the project, you put in 20% and then they get 50% of the profits and you get the other 50%