Flip Partnership - Partner wants to be off title

[Sam M.]

Dear friends, I have a question…

I have agreed with a friend to go in 50-50 on a flip. We plan to split the renovation costs and in the end split the profits. However, my partner wants me to put the house in my name when we buy it –ie, he does not want to be on title. I cannot think of any disadvantages for me but I wanted to ask your opinion.

Thanks for your comments.

Sam