partnering with a contractor to buy, fix and flip my first deal

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Anyone out there able to share their experience regarding their first purchase, rehab and flip?    I am getting ready to work with a builder, whom I have not done business with yet, but trust the source from which they have come.

Any suggestions on what the profit split should be if they are suppling labor and I am covering all costs?

Thanks you,

RLCS Investments, Inc.