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Updated over 6 years ago,

User Stats

59
Posts
17
Votes
Sandeep Dhall
Pro Member
  • Investor
  • Austin TX
17
Votes |
59
Posts

Flip-Sweat equity for contractor

Sandeep Dhall
Pro Member
  • Investor
  • Austin TX
Posted

How much sweat equity should I give to the contractor who helps me fix the property and manage the entire work from project management to actual labor?

I bring the deal (wholesale or foreclosure), pay 100% for property, material that goes into rehab, His portion is only labor.

I basically hand over the keys to him and get it back when we list.

I pay for selling and closing costs both on buying (if needed).

I will be a remote investor

  • Sandeep Dhall
  • Loading replies...