He told me that the average commission is 7% split between the listing/buying agent.

I know it is not a reciprocal state, but I see that the classroom requirements are split up.

If not, i'll just stick with the Co - wholesaler method and have another wholesaler go to the closing for me, while i bring the buyer to the table, then split the profits.Thanks so much!

You can say "we made 18% ROI on this project that we split with our investors".

When the lease is up and she moves out do I give her the full amount back or locate the man and split the deposit back between the two of them?

I would pay the commission on the acquisition part but would expect to split the commission when the property is sold.

My logic is rather than buy a $100,000 home with cash, I can take that same $100,000 and split it up and buy (4) $100,000 homes using 25% down and 75% LTV.

Its easy to measure a room and figure out how much paint or how many sheets of rock.

The problem is no one can tell you what you need to be sure you're covered from one another without all the info;What is the % split, is that % based on cash invested or is there a different % split for financial and ownership, what about selling if you both can't agree, what about if one dies, what is your financial situation, what is your partner's financial situation, who in your life may lay claim to this asset, who in your partner's life could lay claim to the asset.....the list goes on.Point being to make sure you don't end up back here with a thread about a partnership gone wrong (as others have), you need someone that is an experienced 3rd party to ask the correct questions so there are no questions down the road.

You guys rock.