Updated almost 10 years ago on . Most recent reply

How should I structure a partnership for flipping homes
Im looking to partner with a friend for my first rehab/flip. I will be providing the funding. He is a contractor and will manage/perform the rehab. We plan to do multiple deals as we expand and perfect or systems.
What breakdown of profit do you recommend considering he will not bill for his direct services? We will only pay subs and for material?