Investors joint bank account question and plan review

[Alejandro Aguilar]

Hi all,

I am getting organized to do flips. I was wondering if I could get some feedback on my plan. 

1.I would get the private lender/hard money lender for funding.

2. I can calculate project cost as I am a GC. 

3. I have a sub who would like to be an investor and he would front all the labor for a cut of the profit (TBD on the amount, and he will get paid all once the property sells)

4. I have an associate who can help pay the mortgage until we qualify to refinance 

5. the Only piece i currently need help figuring out is setting up a bank account that my associate and myself can withdraw funds to pay expenses but need one another permission to pull from it. Is there a specific account I should seek? 

I have a real estate agent who I know pretty well so I think I have just about everyone I need in my team. I would project manage and make sure that things move fast.