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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceIs this partnership fair?
Brian Sorensen's profile image
Brian Sorensen's profile image
Brian Sorensen
  • Contractor
  • from Indianola, Washington
  • Member since Aug 3, 2008
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Brian Sorensen's profile image
Brian Sorensen's profile image
Brian Sorensen
  • Contractor
  • from Indianola, Washington
  • Member since Aug 3, 2008
Connect
Brian Sorensen
  • Contractor
  • Indianola, WA
6
Votes |
72
Posts
Private Lending & Conventional Mortgage Advice

Is this partnership fair?

Brian Sorensen
  • Contractor
  • Indianola, WA
Posted Jun 8 2013, 08:19

I have a house under contract for 138k. ARV is 240k. Rehab is 30k. I'm offering half of the net profit to an investor who can provide all the funding. Do you consider this to be a fair deal for both sides? I'm also a contractor, so I plan on doing the rehab myself.

Thanks!

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