How much should the split be if I am a realtor I can assist in finding the house along with the GC finding the house I'm carrying all the risks of financing, my credit card for material until draw and 3% for design he however is loan originator, therefore earning off of my loan, as the GC, he wants to be paid for service as well as subs, he wants to be paid administrative fees of 3% of the loan, construction management 9% and construction reno o/p 25% ...he will carry labor until bank draw. Oh he also wants 40% of the profit. Please share your thoughts and questions.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you