Forming a partnership for a SFH flip......what are our options?

[Wade Stephens]

Hello All:

I have 2 investor friends with $$ and no time.  They have flipped about 5 houses and own ~ 30 doors currently.

I have 7 SFH's , the plan is for my to investors to front the money and I will be the point man on doing all the subcontracting without putting my money in to the deal. They are good with splitting profits into 1/3's, but we are working on some other compensation for all my time being the point-man for all the sub's and keeping up with the entire process.

Any suggestions or advice would be really appreciated.

Thanks.....Wade