How should two friends start first flip??

[Nick Schulze]

Hey everyone, I have been apart of the Real Estate Community for a little over 6 months, and I started up my RE Investing business as well. I am in the beginning phases of getting my first rehab, as well as my first wholesale. I am here because I have now had an excellent friend of mine reach out with the pursuit of similar goals. We are thinking about getting into business together and would love for any advice on how we should approach our first flip. He has the option of a VA and FHA, and I have the option of an FHA. Any advice would be super helpful!! Thanks BP Community and Happy Holidays!!

[Patrick Squires]

my 2 cents - Start by structuring how the partnership works.  Read Mr. Money Mustache's story of his real estate partnership mistake / lesson - quick read.  Be careful - this stuff can be both rewarding and destructive to a good relationship.