Because I do not show large profits in my business and cannot get a traditional loan under 5%

@Carroll Lee Shane is suggesting that you split the profits - 70% to you and 30% to them.

It comes down to where you reside on the risk reward continuum.I’ve worked hard to get where I’m at so limiting risk and liability is just as important as increasing profit.

I’m debating on selling it and collection the profit, renting it for a few years and then selling it before my lived in primary residence 2out of 5 years Claus is out, or keeping it because of the low interest rate.

I’m debating on selling it and collection the profit, renting it for a few years and then selling it before my lived in primary residence 2out of 5 years Claus is out, or keeping it because of the low interest rate.

From my understanding I am the one who has to handle ultimately everything and he just wants to see what type of profits he can make per flip.

Plus, I could only rent it out for 2 years, for the free capital gain, because its a primary.I probably profited 40k or so, from purchase date.

New flippers just don't know enough about to estimate ARV correctly, or keep their budget and timeline on track.My advice would be if they can do it profitably with a HELOC even if things do not go well, then they should (unless there is a cheaper, safer alternative available to them).

The blogs, podcasts, articles, and forum are excellent resources for you to learn and perfect whatever niche you are pursuing in real estate investing.Also, I would consider joining a real estate investment club in your area and network with other real estate investors and professionals in your area (appraisers, contractors, lenders, title rep, escrow agents, etc.).

If you have a rental and set up an S-corp that will take 100% of the profits from the rental (can you do this to begin with?