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Updated almost 6 years ago,

User Stats

467
Posts
161
Votes
Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
161
Votes |
467
Posts

JV with seller? fix their place then sell it?

Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
Posted

Rather than buy property, can I create an agreement to foot the rehab, and sell it (im licensed) and split profits equal with seller?

anyone done that and how structured with attorney? 

seller owes 60k. 

ARV 175k.

Rehab 25k 

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