Advice on how to structure partnership for flip in San Diego Area

[Max B.]

I have a Delaware corporation doing business in California. I could sell shares of corporation to a new partner.

But I really just want to partner on the flip. 

We purchase the flip using the corporation and all accounting and expenses go through the corporation. 

Example we both put in $50,000 for a total of $100,000 into the flip.

We get a loan for home purchase and renovations. The loan is under both names are both are personally liable for the loans. 

We hire a contractor to do all the work. After all expenses, the profit will go to the corporation and will be taxed at 25% to 30%

Profits will be double taxed, as when you get money from Corporation you have to pay tax on i at your tax rate.

Any advise on how to structure a flip with one or two partners would be helpful

Thank You