Typical profit split for JV financing?

[John Gillick]

Scenario 1:

Party one: experienced flipper doing 100% of the work (not actual labor, just selection, management, etc.)

Party two: providing 100% of the money.

What's the "typical" profit split?

Scenario 2:

Party one: experienced flipper doing 100% of the work (not actual labor, just selection, management, etc.)

Party two: providing 80% of the needed funds for a first position lien and 10% APR

Party three: providing 20% of the needed funds for a profit split.

What's the "typical" profit split between party one and party three?

Any thoughts would be appreciated.