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Updated about 9 years ago, 11/05/2015

User Stats

119
Posts
61
Votes
Christian Beyer
  • Rental Property Investor
  • Phoenixville, PA
61
Votes |
119
Posts

Splitting profits with a contractor

Christian Beyer
  • Rental Property Investor
  • Phoenixville, PA
Posted
Had the idea of purchasing a property that fits the bill for a flip, working with a reliable (previously used) contractor, letting them handle the renovation and then splitting the profits. The idea being that we can focus on the purchase and they can focus on the reno and everyone works on their specialties. Anyone have a history of working a deal like this, and how did you structure the deal? Thanks! CB

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