Partnering with contractor on a flip, what were your terms?

[Grayson Lynum]

Hello all, 

I am a Contractor in Northern Colorado and would love to partner with a more experienced investor on a flip so I can gain experience through the process. I have brought it up with people and there is genuine interest, however I am not sure how to articulate possible terms of the agreement, think elevator pitch. 

I would bring my GC license, insurance and of course experience in remodeling to the table, and instead of contracting myself out, I would like to be more a part of the whole process and take a cut at the end instead of making a profit on the contract.

What terms have worked for you all in this situation? 

As an investor what questions or concerns would you have?

Thanks all!!

[Tim Johnson]

I do this a lot, we do a 50/50