Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

11
Posts
1
Votes
Samantha Baker
1
Votes |
11
Posts

Investor Contracts Needed

Samantha Baker
Posted

Does anyone have a contract or partnership agreement template they use when purchasing properties? We have 3 scenarios:

1. Investor wants to give us a loan for $50k with jumbo loan payback terms. We'll use the loan to purchase a new property. 

2. Investor wants to put all down payment and closing costs down ($50k total) to acquire a property while we oversea the renovations (sweat equity). We'll go in on this deal 50/50%

3. Crowd funding - 5 people want to put in $10k each ($50k total) to purchase a home. 

Does anyone have a partnership agreement they can share with me for either circumstance? Or something similar? How do you go about it when it's multiple partners? Do you open a new LLC with all partners? I'm open to all advice. Thanks in advance!