Equity Partnership For This Deal

[Trevor Schuler]

I am a wholesaler. I would also like to start to flip properties as well. If I were to partner with someone who I have in mind (not on the forums here or advertising for a partner here) what would a deal look like if I the wholesaler found the deal and the partner funds the deal and rehabs the property. If we both split the profit and split the costs of the money, would a 50/50 split be reasonable? Would I as the deal provider need to put some sweet equity in to even things out or help manage the project? What do you all think? I would only be providing the deal and not financing it.

[Trevor Schuler]

Originally posted by @Jennifer Rysdam:

I think the best way to gauge a deal is to turn it around. If the partner found the deal and you did the rest, would 50% be fair? I really think it would depend on how hard it is to find a deal in your market and how much work it needs. Good luck!

That does change things a bit when you look at it that way. Thank you for the insight.