How to Form a Partnership

[Mike Romano]

Hello,

How to establish a partnership with an individual who is interested in learning how to flip properties and wishes to contribute capital. I'd like to understand the process of creating a Joint Venture (JV) contract for this arrangement. The potential partner intends to invest 50% of the funds required for the flip, In addition, he wants me to teach him as well.

I have done over 7 flips my self, but now I want access to more capital.

I would greatly appreciate any help. 

Thank you so much!