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Updated over 8 years ago,
Bringing an investor for a quick flip, contract assistance tips
I am looking at a property to flip quick. I am looking at a property that needs well and septic. I have buyers if we get it done. So I am bringing in an investor for the capitol of the purchase and repairs. I will be doing all logistics, so we plan on splitting the profits on sale.
I am looking for suggestions on how to write up the agreement between myself and the investor, who does it get deeded into, Who writes the offer, etc.
And getting a purchase contract written up with earnest money with the buyers after the septic and well are put in.
We are looking at a 1.5-2month turnaround.
Any advice would be great!
Thanks,
Blessings