Joint Venture Advice

[Manolo D.]

Hello BP, I would like to ask for opinion on the JV that I am about to post on Marketplace. This is my first draft, and would love a lender's input on this. Looking to accomplish 100% acquisition and 100% rehab joint venture with 50/50 split on profit. I threw in a couple of add-on values to "sweeten" the deal, I am not sure if its enough, or if I need to adjust the rates/splits. Thanks.

https://www.dropbox.com/s/oa0mfiwbgoud6on/Joint%20Venture%20Agreement.pdf?dl=0