Joint Venture How to set one up and whether or not to 50/50 split

[Rickey Luna]

I have already purchased a house and have done some work. My question is do I do a 50/50 split or just a percentage on rehab money that I need. Have heat and cool,plumbing and electrical done and inspected. PP: $40,000 Rehab:$24,00 ARV: $105,300