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Updated over 8 years ago on . Most recent reply

looking for partner on flip
Hi,
I currently have a single family home under contract on which I am closing on Feb.13. I am also closing on a 3 unit and a 5 unit. so looking to free up some cash and partner on the single family.
open to suggestions on how to structure and what would be a fair split?
would be looking for my down money which is around 20k plus maybe the first phase of rehab if interested (I am using a HML on this and everything is approved and just waiting to close)
It is a single family home in a very nice section in PA (lackawanna county)
s.f. 1800
purchase $69,200
Rehab $32,780
ARV $177,000
projected profit after closing costs, holding costs and selling costs $40,250
I can send more info and proposal of rehab at request