Thanks to all these dumb sites trying to make a profit off of public records, your information is posted on multiple sites such as spokeo, city data, etc.

Hello,If you have 2 properties cross collateralized with 1 lender and you sell 1 of the properties can you roll the equity to the other property with out taking a pay out of taxable profit/income?

I doubt many are actually making a real profit in this area flipping properties.Personally I think house hacking is the best way to get started, have someone help you buy and pay down your property.The whole buy and hold mentality gives you more room to make a mistake and not have that mistake sink you.

Colleague provides the cash, I provide the rest (deal analysis, negotiations, closing, repair planning and execution, management etc)What I’m curious to get the opinion of BP on is what’s a reasonable way to structure the split of profits?

As a developer or going for a use change a certain series of events have to happen in your favor to make a project viable and profitable. it can be a long and arduous process.If the seller is wanting you to keep putting up more and more non-refundable money then it might be time to walk away.

I'm buying cash and my main goal is making as much monthly profit as possible.

Parole boards and non profit organizations are looking for landlords to refer clients.

If $20K for profit works for you and your criteria and you are comfortable with your numbers, then it's good for you. 

We closed on a flip last week where we are anticipating a net profit of $50k.

Adding verbiage like "They have the right to use property for whatever purpose they feel is in the best interest of..... looking to make a profit......" is all just adding language that someone can come back and bite you with in court.Now if you are trying to add "assign-ability" in the same line that is different.