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Updated over 2 years ago, 08/09/2022

User Stats

4
Posts
1
Votes
Joshua Brito
  • Rental Property Investor
  • Espanola, NM
1
Votes |
4
Posts

Advice on partnership for house flipping.

Joshua Brito
  • Rental Property Investor
  • Espanola, NM
Posted

Hello,

I have a question pertaining to partnering up with another Investor to do a house flip. My question is I'm new to this and the partner i am going in on this with is well experienced. We plan to go in on half of the costs including purchase of property, materials etc.. He is a General contractor and, will have his crew go in and do all the work i wont have to lift a finger. My main question is what percentage should we split the profits? Thanks in Advance!

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