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Updated 12 months ago on . Most recent reply

User Stats

11
Posts
4
Votes
Andrew Brink
  • Baltimore, MD
4
Votes |
11
Posts

Joint Venture Template

Andrew Brink
  • Baltimore, MD
Posted

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 

  • Andrew Brink
  • Most Popular Reply

    User Stats

    11
    Posts
    4
    Votes
    Andrew Brink
    • Baltimore, MD
    4
    Votes |
    11
    Posts
    Andrew Brink
    • Baltimore, MD
    Replied

    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.

  • Andrew Brink
  • Loading replies...