Updated about 6 years ago on . Most recent reply
How to make partnership work
How would I make this partnership work. I have a co-worker that used to run a construction company and gas flipped several houses before but hates dealing with banks to get loans for the flips and construction. I would be able to bring most the money and help with most of the construction/remodeling of the house but I am not able to break down the cost of repairs and foresee things like he can when walking a home.
Also I am more wanting to do buy and hold were he is more into flipping. My question is would there be a way that we could buy a house fix it up and maybe do like a cash out refi and buy him out of his profit and me keep the house for a rental? How would that all work