Some courts hold that substantial completion occurs upon issuance of a certificate of occupancy or substantial completion.Source: http://www.hkjp.com/Articles-Table-of-Contents/Col...

If not, you may have to bring money to the table.

You may end up having to put more cash on the table if it appraises lower - there is a good deal of risk here.

Any thoughts on how much skin the flipper should bring to the table and what might be a fair split?

And also just to have something to bring to the table when trying to get investors to maybe lend money along the way.I figure it cant hurt and is not that much out of pocket.Thanks for the response.....JD

The funding is what sold me since I have my first potential deal on the table right now, but I read your post and decided to cancel the very next day.

Every time we attempted to leave the table, one of 5 individuals (four at one time at one point) would offer us another week for free or almost free.

Hey @Max Shepherdson, every deal has it's own set of rules, and it really depends on what the other partner is bringing to the table.

I have about $30k I can QUICKLY bring to the table myself plus my experience as a broker, project manager, and engineer.

You will need to come to closing table with maybe 25% down and closing cost.