Hi BP Flippers,
How are you guys structuring your deals with cash investors on flips? I know several guests on the podcast mentioned doing a 50/50 split, where they perform all of the legwork and the investor provides all of the money for the purchase and the rehabbing costs. The investor then gets back all of their money and then the profits are split 50/50 upon selling the house. Is this how you are structuring your deals assuming you are partnering with someone on the finance side? What if both parties bring funding to the table, how are you splitting the profits at that point?