I want to get my real estate license for North and South Carolina and help investors get properties in the Rock Hill, Fort Mill, and Charlotte areas.

We have some sheet rock damage and brick/mortar to repair from that.  

Probably the safest way to work with them is to have them provide the financing while you do the rehab work and design but with a 50/50 split on the profit, or what ever suits you fancy. 

I have a flip coming up in an A neighborhood (solid middle to upper-middle class, nice neighborhood).I hate paneling.  But do I paint it or remove it and put up drywall?  Maybe one of you wizzes can show me in photosh...

Hello BP, my name is Walter Ellis and I'm from right outside of Little Rock, AR. 

(I used the numbers @BrandonTurner suggested in his rental property analysis webinar for future assumptions [2%} and monthly variable expenses [10%])The cash-flow is based on full occupancy (two tenants), but there is currently only one tenant in the duplex.The duplex is an upper-lower set-up (so one tenant lives in the split-level style basement with egress windows).

We have friends in Flat Rock. 

The more detailed the agreement, the less likely you are to have problems.An even split would not be that unusual even with a 80-20 split on cash, if the partner with less money had more time or experience.

You may be able to split the difference in rent between a 2 and 3.

I guess its the difference between being a good employee who doesnt rock the boat, and being a revolutionary business leader who creates jobs.