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Updated over 4 years ago, 07/09/2020

Edwin Valdovinos's profile image
Edwin Valdovinos's profile image
Edwin Valdovinos
  • Flipper/Rehabber
  • Member since Jul 7, 2020
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6
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4
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Edwin Valdovinos's profile image
Edwin Valdovinos's profile image
Edwin Valdovinos
  • Flipper/Rehabber
  • Member since Jul 7, 2020
Connect
Edwin Valdovinos
  • Flipper/Rehabber
4
Votes |
6
Posts
Starting Out

Should it be 50/50 ?

Edwin Valdovinos
  • Flipper/Rehabber
Posted

I am working on a fix and flip with a partner. He got the property off market for a really good price under contract. We want to rehab the property and sell it ARV. I am coming up with all of the money for the deposit on a hard money loan. Should we be splitting the profits even ?

Initially he wanted to wholesale the property.

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