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Updated almost 6 years ago on . Most recent reply

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14
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2
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Zach McLean
  • Contractor
  • Kensington, MD
2
Votes |
14
Posts

Shared Profit Flip - Financier and Contractor

Zach McLean
  • Contractor
  • Kensington, MD
Posted

I’m curious how other people structure deals if you’re going in on a flip with one person financing everything and the other person providing all labor at cost (in other words, the contractor will profit based off of finishing early and split the profit with the financier)?

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2,458
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Lynnette E.
  • Rental Property Investor
  • Tennessee
2,402
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2,458
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Lynnette E.
  • Rental Property Investor
  • Tennessee
Replied

I do not split deals with labor I can hire, pay and keep all the profit myself...and also fire if they do not preform.

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