Would you do this deal?

[Harry Williams]

I will be providing the cash for a builder and project manager in Atlanta, who has flipped over 500 homes in the area. We will be governed by an Operating agreement but generally, he will handle the project from start to finish and I will be hands off for the most part. Being that I will only supply the capital and not labor will allow me to dodge the additional Self-Employment tax. We split profits 50/50. Below are high-level numbers and info. I have altered the numbers to make the deal hypothetical, but percentages stand true. 

If I do not finance the deal with cash I have access to a 3.5% Portfolio Loan.