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Updated almost 7 years ago,

User Stats

12
Posts
0
Votes
Laurie Verdecchio
  • Real Estate Agent
  • Thorofare, NJ
0
Votes |
12
Posts

what percentage a silent partner in a flip should make

Laurie Verdecchio
  • Real Estate Agent
  • Thorofare, NJ
Posted

My husband and I fund our own flips. There is a house we are interested in , but we are about $40,000 short. We know a few people who have stated they would invest. The house is $140,000 and needs about $20,000 in repairs. We would sell it for around $240,000. If we borrow $40,000 for six months, what is a fair percentage for investor to make? They would be a silent partner, and my husband is the contractor. So, we are providing most of the capital, and all of the work.

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