Updated about 6 years ago on . Most recent reply
Partnering with first flip
Starting my first flip. ARV is 190,000. Got the house for 100,000. Rehab estimate is about 30,000 if i pay a contractor. I had a contractor walk the property and said material cost is about 10-15,000. I plan to live in the property with a friend and we are going to rehab ourself and then resale. Is there any advice on partnering with someone as far as being on the same page. I trust the guy and we have been good friends for a while. We are just trying to play it safe and plan ahead of time. Any advice on partnering?