While money is obviously made through such friendship, that is just a by product and not the main motive ;)I am finding success does not occur without criticism.

In this spirit I now have developed numerous friendships, looked at some deals with others, and helped them in there journey.

Maybe you can develop a long term friendship with him.

Quality of friendship (nor closeness of relationship) is not indicative of integrity and likelihood of getting paid back.

As far as your friend knowing what you sold it for...you'd need to do a double closing, which that in itself isn't as easy as it used to be..but your friend could certainly find out on the county records what you sold it for..Your friend is going to ask you anyway...so if this is a true friend, I'd be more concerned about the friendship then the $$.

He’s a friend and I’m not sure if a contract would be the best approach due to our friendship.

From my perspective, anything more is based on the value of buying out your interest and not necessarily based on the value of the website you developed and control.I think its more important to focus on making sure your friendship is fully intact when your done.

I look forward to growing my friendships, knowledge and investment portfolio.

We'll currently working on projects such as building Charter Schools in CT,NY, and PA and Prison Outreach Program.I'm interested in Wholesaling, flipping, and with more experience in the future buy and hold investment properties nationwide.I look forward to learning, networking and establishing long lasting friendships and business relationships on BP. 

I'm looking to networking and creating friendships with people that have the same interests.