Equity Partner Split
I flip houses. What is a fair split if I do the work - general contractor and equity partner puts up all the money - $100,000 for house plus rehab. Upon sale we will have $40,000 net profit.
I flip houses. What is a fair split if I do the work - general contractor and equity partner puts up all the money - $100,000 for house plus rehab. Upon sale we will have $40,000 net profit.