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Updated almost 6 years ago on . Most recent reply

Tomiko Graves's profile image
Tomiko Graves's profile image
Tomiko Graves
  • from Washington, DC
  • Member since Apr 26, 2018
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65
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Tomiko Graves's profile image
Tomiko Graves's profile image
Tomiko Graves
  • from Washington, DC
  • Member since Apr 26, 2018
Connect
Tomiko Graves
  • Washington, DC
35
Votes |
65
Posts
Starting Out

Investor and Contractor - 50/50 Split?

Tomiko Graves
  • Washington, DC
Posted

Hi all!  I am interested in partnering with a contractor but not sure exactly what makes sense.  Here's the scenario:

My agent (or the contractor) finds the deals.  I fund the purchase price of the home and the contractor covers all the rehab costs, including materials.

Is that a fair deal...and given this scenario, is a 50/50 split fair?

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