The question is if we can split the profit anyway we want?

The most profitable areas don't always meet those "nice areas" criteria.

must be sweet to get 5 grand for a little more time, plus a 1K for the assignment fee, and last but not least, makes a good profit at closing too,, stop,,stop, your rubbing it in to hard.

There are also quite a few that exist for profit, and who will do what they need to to make a buck.

Offer Equity Split Agreements (do not have to be 50 50) in the spread at the back end where they get some profit.

If you consider money is 7% these days, that only leaves you 5% of the $80K each year to pay all the expenses and for profit.

My flipper is willing to do all rehab work for all profit over 10K, with provisions for interest for time after 6mos.

Why settle for a little change in your pocket with flips and short sales when you can hold for 5-10 years and see a real profit.

You also are going to need to put these under contract at 60-65 cents on the dollar depending on the fix-up costs in order for you to make a profit on the assignment.Hope this helps!

You take the same steps of locating the available properties, but you also incur more risk by placing the property under contract and “selling†your contract to another investor for a profit.