House Flip Split
Hi All,
I have a Realtor friend that has found a flip deal. I would put up about 60% of the money needed for the project and he would put up 40%. He has people that will do the GC work that he trusts. If he doesn't get my money the deal will mostly likely fall out of escrow. What would be a fair percentage of the profits I could expect? I have read several of the other posts related to this topic but they do not seem to fit this scenario exactly.
Thank you for your help!