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Updated almost 6 years ago,
Partner w/ contractor?
My contractor has the money and wants to partner with me.... he wants me to find the deals, negotiate the deals, design the flips, negotiate material costs, sell and market the house. He’ll fund the deal and do the work.
How do you structure this?
Should he charge for labor?
What should be the splits?
Should he just lend me the money take interest and labor and a small percentage after sale?
Thanks