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Updated 10 months ago on . Most recent reply
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50/50 partnership maybe?
If I get a house under contract for 70% ARV minus repairs, would it be unreasonable to ask the investor for a 50:50 split? And what is the likelihood that investors would agree?
I was listening to a podcast and the investor says he does this with wholesalers who bring him deals.
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Shanequa,
I'm not sure about others, but I would never give 50% of any deal to someone that brings me a deal. Of course I have no need for wholesalers. I offer a 1,000 finders fee to anyone who tells me about an unlisted property that I buy. Between that source and my own work I've never had a problem finding deals.