Updated over 6 years ago on . Most recent reply
Investor and Contractor - 50/50 Split?
Hi all! I am interested in partnering with a contractor but not sure exactly what makes sense. Here's the scenario:
My agent (or the contractor) finds the deals. I fund the purchase price of the home and the contractor covers all the rehab costs, including materials.
Is that a fair deal...and given this scenario, is a 50/50 split fair?