Flipping homes newbie

[Aidee Cervantes]

My brother is a fairly new licensed contractor and started his business about 5 years ago. He is ready to start flipping homes. He is asking me to be his partner. However, when discussing how we would distribute profits, he said we would go halfers on everything, except he would charge me full price for the construction job his company does on each flip. I asked why not half and he said because it carries his name, not mine. Is this a fair/equal deal?