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Rehabbing & House Flipping

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41
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Sandeep Dhall
  • Investor
  • Pleasanton, CA
9
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41
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Flip-Sweat equity for contractor

Sandeep Dhall
  • Investor
  • Pleasanton, CA
Posted Jul 10 2018, 15:48

How much sweat equity should I give to the contractor who helps me fix the property and manage the entire work from project management to actual labor?

I bring the deal (wholesale or foreclosure), pay 100% for property, material that goes into rehab, His portion is only labor.

I basically hand over the keys to him and get it back when we list.

I pay for selling and closing costs both on buying (if needed).

I will be a remote investor

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