All Forum Posts by: Steve Martushev
Steve Martushev has started 2 posts and replied 3 times.
Post: bringing in an investment partner
Steve MartushevPosted
- Salem, OR
- Posts 3
- Votes 0
It sold at 200k
Post: bringing in an investment partner
Steve MartushevPosted
- Salem, OR
- Posts 3
- Votes 0
Hi, I am wondering if anyone can help me out with how to split our profit on a flip. I'm trying to figure out the most fairest way to conduct this as to keep our business relationship healthy.
I got a hard money loan for 119k. I put 30k into it. My partner put in an additional 5k and some labor time. We are in 35k of our personal money.
Post: flipping my first house.
Steve MartushevPosted
- Salem, OR
- Posts 3
- Votes 0
Do I need to get a General Contractor licence To flip houses? Or can I hire out entities legally without one? And what kind of loan would work best? I have 30k for rehab.