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Non Compos Mentis
Join Date: May 2001
Location: Off the grid- Almost
Posts: 10,646
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I've flipped a few houses, and made money every time.
I would not let my cash buy a house unless my name (or LLC) is on the Deed.
"I buy, you fix, we split the profit evenly" makes sure both parties are heading the same direction.
That being said, I've never worked with anybody else on fixer-uppers. My cash, my labor, my profit.
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