I am about to get into my first real estate deal, which will we a flip.

He told me he was looking for partner w/ someone w/ 700 FICO score + to do a fix & flip and split the profits 40/60.  

I would not want to be in the fix and flip business there right now..

It was a flip that had been foreclosed and then fixed up.

I am in the process of acquiring more properties to fix and flip/buy and hold, however I have not been getting too many leads.  

I want to sell one property use the proceeds to find and fix and flip a propertyMy hope is that in two years I can manage to do enough flips to make six figure profitsI have some experience doing remodels and renovations as I have had to do this to make apartments and houses tenant ready.I also have experience designing for an upscale look since most of my renovations have been hgtv worthyMy question is how do I lessen that learning curve.

I'm working on an off-market, pre-foreclosure flip and need help structuring the financing.  

With this, I find it hard to believe someone can make money on this as a flip or investment for rental or even Buy and Hold for a while.

Flip?

You are buying a rental property, not a primary or a flip, correct?