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All Forum Posts by: Jeffrey R Unruh

Jeffrey R Unruh has started 1 posts and replied 1 times.

Buying & Selling Real Estate

Post: investing in a flipper

Jeffrey R Unruh
Posted
  • Posts 1
  • Votes 0

A flipper has offered 60% of profit and payback of all my expenses in exchange for financial help to get a property ready to sell. Good idea? If so, how to do? Based on the comps in the area the 60% should lead to about 15k to 25k payback over and above about 30k expenses. As long as it sells within average times. I want to document the agreement, obviously. Has anyone done anything like is? If so what is the best way. First time for me. Thanks for you help

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