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All Forum Posts by: Lisa B.

Lisa B. has started 1 posts and replied 1 times.

Rehabbing & House Flipping

Post: Structuring Partnership as GC & Investor

Lisa B.Posted
  • Posts 1
  • Votes 0

1st Rehab/Flip:  We are a GC and about to sign to purchase house with a partner. We are both putting in equal initial cash investment for purchase and costs (property taxes, insurance, utilities) for a  est.10 month hold. We will be funding the construction costs (materials/subs/our worker's pay). How do we structure the money/profits? Get reimbursed for costs after sale? Construction costs added to our investment therefore higher percentage of profit?  Partner is open to any method we choose.  

0 Votes