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Updated over 6 years ago,
Flip-Sweat equity for contractor
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