Updated about 11 years ago on .
How to protect the two interests in a flipping partnership?
We own a property and instead of investing money into repairs we want to partner with someone to manage & fund the rehab, and share in the profit.
We are moving forward with someone already, but I am not sure what is the best way to protect all parties ownership. Is there a simple legal agreement we should use, do both parties need to be on title? What is recommended in this situation?