Flip deal profit structure?
Hey everyone! I am a realtor and a real estate investor in Atlanta. I’ve done five fix and flip deals so far. I have a new investor partner that has all of the money and is willing to carry the mortgage. They have have never done a flip before and want to bring me onto the team for my experience, they get better loan terms with me, and want me to manage the rehab etc. Since I already have four homes in process between flipping rentals etc, I’m not able to contribute monetarily to the project. How would y’all divide the profits in a situation like this? They’ve asked me what I’m comfortable with. And I have no idea what to offer them.