Need investing advice from my community
Hello everyone,
A family member has some cash and wants me to invest.
Why me? I'm a civil engineer with a steady income, good credit and no debt.
My question to this forum is, how do I go about?
Here is a scenario for a house flip.
Let's say I'm able to find a property for 300k, my uncle puts 20% down. I fix up the property and sell it for 380k
How are we supposed to split the earning?
Any advice would be appreciated.
In addition, do you all think a flip would be better than let's say buy a 4 unit and hold.
Thanks in advance