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Updated over 7 years ago on . Most recent reply

Jack Clough's profile image
Jack Clough's profile image
Jack Clough
  • Flipper/Rehabber
  • from Wilmington, DE
  • Member since Jun 23, 2016
  • Posts 80
  • Votes 75
  • Experience 10 Yrs
  • Investments 8
Connect

User Stats

80
Posts
75
Votes
Jack Clough's profile image
Jack Clough's profile image
Jack Clough
  • Flipper/Rehabber
  • from Wilmington, DE
  • Member since Jun 23, 2016
  • Posts 80
  • Votes 75
  • Experience 10 Yrs
  • Investments 8
Connect
Jack Clough
  • Flipper/Rehabber
  • Wilmington, DE
75
Votes |
80
Posts
Real Estate Deal Analysis & Advice

Need advice on how to structure a partnership with a investor

Jack Clough
  • Flipper/Rehabber
  • Wilmington, DE
Posted

I have a investor who will lend 150k + in cash with me to flip and BRRRR properties. His terms are 5% interest on his investment and half the profits.

Does anyone have good insight on how best to structure this partnership?

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Jack Clough's profile image
Jack Clough's profile image
Jack Clough
  • Flipper/Rehabber
  • from Wilmington, DE
  • Member since Jun 23, 2016
  • Posts 80
  • Votes 75
  • Experience 10 Yrs
  • Investments 8
Connect

User Stats

80
Posts
75
Votes
Jack Clough's profile image
Jack Clough's profile image
Jack Clough
  • Flipper/Rehabber
  • from Wilmington, DE
  • Member since Jun 23, 2016
  • Posts 80
  • Votes 75
  • Experience 10 Yrs
  • Investments 8
Connect
Jack Clough
  • Flipper/Rehabber
  • Wilmington, DE
75
Votes |
80
Posts
Jack Clough
  • Flipper/Rehabber
  • Wilmington, DE
Replied

Thanks guys, very helpful. Does a 65/35 split with no interest sound reasonable considering I'm acting as agent, GC, etc...?

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