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Updated over 3 years ago on .
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Joint Venture Agreement Questions
Hi BP Community,
Rookie here. I'm looking into Joint Venture Agreement templates to create for my next househack (small multi-family property in San Diego, CA). Will be looking for a partner to fund the downpayment, while I do the leg work (finding deal, closing, managing rehab, finding tenants, etc.). Currently have one friend who showed interest, but nothing is solidified.
Here are my questions:
- Does anyone have a Joint Venture Agreement example/template that they are willing to share, that would work in California?
- Note: Will get/find an attorney to look at the finalized document once I create it.
- Started to create a template from legaltemplates.net, but wasn't sure how creditable it is
- Given my scenario, any advice on additional provisions I should include/consider in the agreement?
- Any additional considerations/general guidance?
- Thinking bigger, does anyone have any experience/guidance going into a joint venture agreement for a househack, but for a CRE multi-family property (5+ units)?
Any information helps, appreciate it!
Eric