Partnering with the seller

[Jason Cummins]

I have a seller I am talking to, seems to be a pretty decent deal. What is even sweeter is she is willing to make payments on the house while we are fixing it up, then split profits at the sale.

I am having a hard time structuring this deal. Should I get some sort of contract and get deeded onto the property? How would some of you structure this. I obviously don't want to fix the property up, then have her somehow go around us and sell the property herself. I have never done a deal close to this.

What would you all do to make sure this works out as described?