HiGHER END Flipping deal.

[Evelyn Tilman]

Being a real estate agent I come across all sort of situations. I now have a house coming up on the market that is stIll occupied. Price: $500k Repairs needed : 60k ARV: a solid $650000. Seller said if I find someone who would bring the money and do the work. He would split the profits. the area Is consIdered hIgh end and partIcularly hot neighborhood. As a flipper Would you buy it at $500k? Would you be interested in putting the money without buying the property and if so, how much would you have to charge/ SPLIT?