I guess we could maybe have the builder agree to the cost of the build and if we sell for more or less then the profits would go up and down based upon the selling price.

Anyone who has ever tried selling a successful (profitable) business will tell you it's not that easy!

Flipping houses in the current real estate climate with higher interest rates impacting long-term rentals offers exciting possibilities.Given the strong seller's market in the Dallas-Fort Worth metroplex, including Garland, selling your flipped property could yield a quick turnaround and potentially higher profits.

Then sell and take the proration of tax free profit.

Everyone wants to buy a foreclosure until they get to see inside the property.Look at what this guy won at the tax foreclosure option.https://www.13abc.com/2024/02/25/buyer-beware-local-man-buys...It's not always pretty, profitable, and fast flipping like they show on TV and YouTube.

Profit split (20–50% if the deal does well).

Any business can be profitable if done correctly.Look at your own video.

Good luck to all of us = )   Actually I'm a partner with 2 other seasoned note investors and we have our own Reg D equity fund that buys 1st position NPLs and RPLs with a preferred return and profit split to our investors.

That's not a "net profit" of $550/month because you haven't accounted for vacancy, maintenance, capex, or other expenses.

@Sebastian Tamburro you're going to get advice/offers from numerous people trying to profit off you - be careful!