Hello, @Joe Duhamel and Account Closed.

Account ClosedI use David Soble of Proven Resource.

Account Closed yes that is the only way I have figured out how to comp properties, too!

If you get a chance to add a pic to your account I think it will help make others in the community feel more comfortable reaching out to you. 

Originally posted by Account Closed:My partner and I submit two or more offers side by side if the numbers work.

Congrats Account Closed mentioned. 

@David Bokman is correct, you don't need to have your license to get involved in Wholesaling but it does provide good resources like access to the MLS, collecting commission, and networkingUltimately, I don not have my license but my partner is working towards his.

It only complicates your business and makes it more difficult to operate.If you actually have a good accountant I would be very surprised if they recommend you form a corp.

Sometimes accountants will set them up for their clients but I'd recommended using an RE Lawyer.

I know the deal can be structured anyway we want, but I am looking for examples so I can get some idea on what has worked before...For example:Two way (50/50) Flip- Partner 1 provides all capital for buying/rehabbing at prime + 5 (say 9% flat, no points)- Partner 2 does everything else, identifies property, manages rehab, flips property- After project done each partner gets 50% of profitThree way (33/33/33) Flip- Partner 1 provides all capital for buying/rehabbing at prime + 5 (say 9% flat, no points)- Partner 2 does project management, accounting, records- Partner 3 does coordinated all the work required to rehab the property- After project done each partner gets 33% of profitThanks in advance