The 109@ will be for "gross proceeds", not net income.......so however you agree to split the gross, after considering your partner's rehab expenditure.

Chances are you will be able to stomach the smaller profit margin since you don't have to worry about monthly debt servicing.You can offer her 70% and and split the rest of the profit with her depending on what you agree to together.I make the assumption that you are looking to flip the property but if you are looking to do seller finance for the purposed of holding the property; you can do an amortized note for 2 years (10, 15,  or 30 fixed depending on your cashflow) which would give you enough time for seasoning so you can refinance it later.  

Ask to buy them a cup of coffee, a beer, lunch, dinner or ice cream...doesn't matter.

Profits are to be split 50/50. $350,000 purchase price$60,000 rehab price$520,0000 ARV$83,600 total profit before split & taxes

It takes many lunch meetings to finally convince someone to sell through them.

Hey All,I had an appraisal done on a 4 unit that was split into two separate buildings.

Figure that to hang your license (even paying no desk fee or splits) will run at least $1000 per year in most states.

Another thing I noticed when buying and selling there, if you’re not used to negotiating/splitting closing costs, get smart on it.  

At that point you are just splitting hairs.

1) I do not believe there is a speed in paying issue with any current platform (except mailing a check or money order), I went to lunch today and paid at the table, happened in about 2 seconds.