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Is having multiple people on your flipping team a thing?
Hey guys, so I was wondering, is there a name for when about 4 or 5 people pool their money for a flip, work on it together, then split the profit? Also, would it be a good idea?
I know that with more people, there’s more buying power, but I really don’t know if it would be a wise step to take. A few acquaintances and I were playing with the idea, but I wanted to get some advice from some experienced people about this before moving forward.