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Updated over 6 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Chase Fender
  • Flipper/Rehabber
  • Fort Worth, TX
1
Votes |
9
Posts

Private Money Profit Percentage

Chase Fender
  • Flipper/Rehabber
  • Fort Worth, TX
Posted
I have recently made an agreement with a private money source to fund my house flipping endeavors. They have decided to take a percentage of the profits instead of a percent return of money invested. As neither the funder nor myself have done this before, we are trying to decide how to split profits. Has anyone been in this situation or know what some common profit splits are?

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