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Updated about 8 years ago,
Partnership Contract
Hi,
Does anyone have a real estate investing/rehab partnership contract or template they would be willing to share? I am going into a partnership with a building team where I buy the house and they do the rehab. At time of sale, we make ourselves whole and split leftover as profit.
This is my first partnership and I want to protect myself. I am having them put $10K in a shared escrow account as a safeguard which they will get back after the rehab is finished.
Thank you ahead of time.