Looking for feedback with pros and cons

[Scott Upshaw]

Had a thought of a way for creative financing and looking for some feed back. I am a contractor with a little bit of money to spend. I want to get into the real estate and put my current business to work. How would it work if I found someone who would like to get out of their house for a certain number. I offer to fund a flip of there house, they would get the number they were seeking for their house plus a percentage of whatever the profits are after all expenses, holding costs, realtor fees etc..have been paid. Does this sound like something that could work?