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Updated over 5 years ago on . Most recent reply

Naveen Kumar's profile image
Naveen Kumar's profile image
Naveen Kumar
  • from Ashburn, Virginia
  • Member since Jan 7, 2017
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User Stats

85
Posts
28
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Naveen Kumar's profile image
Naveen Kumar's profile image
Naveen Kumar
  • from Ashburn, Virginia
  • Member since Jan 7, 2017
Connect
Naveen Kumar
  • Ashburn, VA
28
Votes |
85
Posts
Rehabbing & House Flipping

JV with the seller, split profit upon sale

Naveen Kumar
  • Ashburn, VA
Posted

I have an opportunity to rehab a property in a Joint Venture with the current owner where I put up the rehab money and we split the profits upon sale.

Have you done something like this? What kind of contract would I need to protect my interest if the seller decides not to 'sell' after the rehab?

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