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Updated almost 2 years ago,

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How to split profit: First time flipper

Kristen Neuwirth
Posted

I’m buying my first flip. I have the money but not a ton of connections or knowledge of construction trades. I have a guy who’s in the business who offered to supply labor and marketing for a 50/50 split of profit if I finance 100%. How good or bad of a deal is that? What’s the typical investor/contractor split?

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