What are investors looking to get back?

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Hi all, I am new to this. Here's my senario: I want to rehab a house and sell for a profit (duh), anyway my backer would finance the project and I would get the work done using myself at times but mostly with subcontractors.

So how would the profit (assuming there is a profit :shock: ) be split typically. Are we talking 50/50, and do I pay myself for the time actively working on this project before profit is split.

Thanks in advance for your replies, Todd