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Updated almost 5 years ago,
Profit Percentage When Partnering on a Deal
This will be my first house rehab/flip. I found a good deal but its a way bigger project than I want to manage so I approached someone about partnering. I will be financing the deal. Normally I would offer a 50/50 profit split, but since I spent a lot of time to find the deal, I'm going to offer 60/40. Do you think that's reasonable? Thanks.