Partners for Flipping a house

[Albert Martinez]

I have an investor that would like to partner with me on flips. He wants to be a silent partner and wants to put in half the money to purchase and rehab but does not want to do any work. I will be locating, purchasing, rehabbing, and then selling the property, he will just provide capital. I need the capital he is providing in order to do some of my deals. How do you guys go about splitting the profits in this type of partnership?