Investor/Flip Contract Questions (what's the terms/conditions?)

[William Pelton]

Hi All,

Anyone care to shed any light on what the basic terms are in an investor/flip contract.  For example, what is the standard interest you would pay on the money each month that the house is being flipped?  Are there contracts available that specify certain percentages of the profit after a home is flipped (is 50/50 a common split if no interest is involved)?  Is there a set amount of time in these contracts that you have to complete the flip.  Does anyone have a standard contract that they would be willing to share with me through direct message that has the common language in it?  Any help is greatly appreciated.  THANKS!

-Will P.