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Investor (me) & Builder Partnership

S

snappyfish

New Member
Hi all,

Wondering if I can get some advice. I am looking to team up with a local builder who is a friend of 15 years also. The builder runs loft conversion company and is currently working on new house builds, and loft conversions for customers. The builder has also recently purchased his own home which is a run-down bungalow. Spent his own money on it and increased the value by 295k ~ so purchase price was 325k spend on refurb 80k and recently revalued at 700k all work done within 9 months.

We had a discussion about why he has not purchased another instead of taking on jobs and working for other people and his replies to me were financing it.

So I am mortgage free in a Bungalow worth 215k I'm self-employed (not building game) and earn roughly 25k after tax.

Is there any suggested ways we could partner were I invest and we split profits?

Thanks :)
 
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