Flips with multiple Investors? Help

[Ryan Rogers]

Hey All!

Great to be apart of this great community.  Just signed up for PRO and I'm excited to use all the great features and tap into the communities expertise.  So Thank You all ahead of time for your time and responses!

I'm starting to do some flips with a friend as an investor.  As I'm having some success his other friends want to provide additional capital into future projects.

I'm fortunate to have extra capital to do these deals but once the profit is split up 3 to 4 ways, the profit is considerable smaller.

Anyone have experience with this situation?  And if so what are your thoughts on structuring the profit pay outs?  Percentage on capital?  Straight profit splits?

Thanks All!

[Percy N.]

I would come to an agreement on % split for finding the deal, financing, project Mgt, doing any rehab yourself, selling the property, etc.

This way the tasks can be split up in the future.