@Dave Van Horn excellent points, thanks for contributing your wisdom & expertise.

I hope more people contribute.

Thanks to everyone who has contributed!!

Would like to start off by thanking everyone one BP who has contributed and currently contributes to the success of this forum.

Either way, there are plenty of good contractors out there if his work or him being a partner are not are a problem.Also, him bringing $6K to the table is his contribution.

NYC has a very high price point, but if 5 crowdfund portals were to open and focus on even one neighborhood in Manhattan, that could represent 5M capital raised entirely by small contribution, of which that neighborhood would probably swallow up and ask for more.My point being, even the people setting up these portals can benefit and carve out a niche as 'facilitating brokers' as there won't be one dominating portal running the game like facebook or, shall I say ...biggerpockets?!

So, you would split the 50% portion of the rehabber, and you would each get 25% for that.For the money partner, you will both be contributing, and in different percentages.

Things that contribute to a greater price per square foot are: flooring covered with paint ( I could barely get anyone to even quote me on this and we wound up doing it ourselves), stairs, staining (it is an extra coat), nails poking up, water based finish.

If your goal is to limit the amount of equity you have to contribute personally a lot will likely hinge on a handful of items:1.

I had a potential buyer to basically say that to me once or twice, and I think it's contributing to my rehab not selling now.