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Updated almost 2 years ago,
Joint venture contract
Looking to form a joint venture with a property owner. The property has no mortgage and they are willing to do a joint venture with me and establish a buy out clause when its feasible.
the plan.
has a house on the property but buildable lot already approved for 4 additional units.
I'd use the property as collateral for the build on a construction loan.
looking to get some advice from structuring the joint venture, and I'm also working with a lawyer.