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Updated 12 months ago on . Most recent reply
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Joint Venture Template
Good Morning BP World! I am reaching out to see if anyone has a good, but basic, JV agreement they would be willing to share in a word document?
All your help is much appreicated!
Thanks
Andrew
Most Popular Reply
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Thanks Stuart for the insight. I am getting into a 50/50 partnership where I am purchasing the land with my personal cash upfront. Then my partner is the construction piece. He will provide all the construct knowledge and build a new home. We will use hard money for the construction cost under both LLC's (JV Agreement). I will receive my initial capital investment back for the land upon sale. We will pay off the hard money and from there we will split profits 50/50.
Pretty straight forward JV agreement I am looking for.