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Updated almost 6 years ago, 01/10/2019

User Stats

84
Posts
34
Votes
Jeff Amore
  • Investor
  • Bethlehem, PA
34
Votes |
84
Posts

Co-Wholesale/JV Agreement contract

Jeff Amore
  • Investor
  • Bethlehem, PA
Posted

Does anyone have a contract that can be used for co-wholesale agreements? I've had wholesalers approach me about co-wholesaling with them on properties they have under contract, but I'm basically taking their word for it that I'll get paid if I bring a buyer. I assume there should be some formal agreement to protect me and ensure I get paid. I looked in the File Place, but didn't see anything, so I'd appreciate it if someone has something like that if they could share it with me. Thanks!

User Stats

78
Posts
6
Votes
Harry D Johnson
  • Investor
  • Franklin, LA
6
Votes |
78
Posts
Harry D Johnson
  • Investor
  • Franklin, LA
Replied

Maybe you could put your name on the assignment contract with the other wholesaler that way everything is spelled out. Who gets what and the title company / attorney can wright out checks according to the contract. Hope this helps you and may you be blessed in everything you set out to do.

User Stats

54
Posts
15
Votes
Wayne Freeman
  • Wholesaler
  • Pawtucket, RI
15
Votes |
54
Posts
Wayne Freeman
  • Wholesaler
  • Pawtucket, RI
Replied

send me your email i will email you one

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User Stats

54
Posts
15
Votes
Wayne Freeman
  • Wholesaler
  • Pawtucket, RI
15
Votes |
54
Posts
Wayne Freeman
  • Wholesaler
  • Pawtucket, RI
Replied

I believe your looking for a joint venture agreement right?

User Stats

354
Posts
186
Votes
Simon Shih
  • Investor
  • Houston, TX
186
Votes |
354
Posts
Simon Shih
  • Investor
  • Houston, TX
Replied

General partnership agreement template downloaded from the internet and customize to meet your needs.

User Stats

92
Posts
35
Votes
Michael Garrison
  • Wholesaler
  • Pensacola, FL
35
Votes |
92
Posts
Michael Garrison
  • Wholesaler
  • Pensacola, FL
Replied

I have one as well that I would be willing to share with you. I do a lot of cowholesaling in NW Florida. 

User Stats

19
Posts
10
Votes
Rachel Orsie
  • Wholesaler
  • Elkridge, MD
10
Votes |
19
Posts
Rachel Orsie
  • Wholesaler
  • Elkridge, MD
Replied

You def need a JV agreement signed

User Stats

19
Posts
10
Votes
Rachel Orsie
  • Wholesaler
  • Elkridge, MD
10
Votes |
19
Posts
Rachel Orsie
  • Wholesaler
  • Elkridge, MD
Replied

I emailed you just now

User Stats

280
Posts
53
Votes
Lee Scarlett
  • Jacksonville, FL
53
Votes |
280
Posts
Lee Scarlett
  • Jacksonville, FL
Replied
Originally posted by @Rachel Orsie:

You def need a JV agreement signed

 Hi Rachel,

Would you be kind enough to send me that JV agreement also? Thanks in advance. I'll PM you!

User Stats

22
Posts
7
Votes
Marquis Washington
  • Wholesaler
  • Indianapolis, IN
7
Votes |
22
Posts
Marquis Washington
  • Wholesaler
  • Indianapolis, IN
Replied

I'd like one too please...  

thank you---

User Stats

203
Posts
135
Votes
Ben Roberts
  • Rental Property Investor
  • Memphis, TN
135
Votes |
203
Posts
Ben Roberts
  • Rental Property Investor
  • Memphis, TN
Replied

Following

User Stats

123
Posts
15
Votes
Ashley Jackson
  • Wholesaler
  • Columbia, SC
15
Votes |
123
Posts
Ashley Jackson
  • Wholesaler
  • Columbia, SC
Replied
Originally posted by @Rachel Orsie:

You def need a JV agreement signed

Hi Rachel. If you wouldn't mind, can you please forward me a copy of your JV Agreement as well. I'll PM you. Thanks in advance.

User Stats

33
Posts
7
Votes
Tony Ho
  • Wholesaler
  • El Paso, TX
7
Votes |
33
Posts
Tony Ho
  • Wholesaler
  • El Paso, TX
Replied
Originally posted by @Rachel Orsie:

I emailed you just now

 can i get one also? thank you

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User Stats

26
Posts
5
Votes
Dutch Marc
  • Los Angeles, CA
5
Votes |
26
Posts
Dutch Marc
  • Los Angeles, CA
Replied

Hello every. I would be interested in theses as well. Anyway to place a Dropbox link online so it can be downloaded ?many thanks

User Stats

32
Posts
7
Votes
Wilmer Feliciano
  • Hobart, IN
7
Votes |
32
Posts
Wilmer Feliciano
  • Hobart, IN
Replied

Hello everyone i am a newbie and have been looking for a contract that can be used for co-wholesale agreement can anyone help. Thank you

User Stats

4
Posts
0
Votes
Aisha Washington
  • Wholesaler
  • Greenbelt, MD
0
Votes |
4
Posts
Aisha Washington
  • Wholesaler
  • Greenbelt, MD
Replied

Hi All,

  I am interested in a similar agreement.  Can someone share with me too?  Thanks and have a great day!

User Stats

134
Posts
21
Votes
Jacquelyn Sarpong
  • Bronx, NY
21
Votes |
134
Posts
Jacquelyn Sarpong
  • Bronx, NY
Replied
Originally posted by @Jeff Amore:

Does anyone have a contract that can be used for co-wholesale agreements? I've had wholesalers approach me about co-wholesaling with them on properties they have under contract, but I'm basically taking their word for it that I'll get paid if I bring a buyer. I assume there should be some formal agreement to protect me and ensure I get paid. I looked in the File Place, but didn't see anything, so I'd appreciate it if someone has something like that if they could share it with me. Thanks!

Hey did you happened to find any contracts agreements?

User Stats

32
Posts
7
Votes
Wilmer Feliciano
  • Hobart, IN
7
Votes |
32
Posts
Wilmer Feliciano
  • Hobart, IN
Replied

yes they are under tools and file place

User Stats

379
Posts
329
Votes
Gabriel Amedee
  • Investor
  • Miami, FL
329
Votes |
379
Posts
Gabriel Amedee
  • Investor
  • Miami, FL
Replied

Sorry to hijack such an old thread but have been looking for this contract and wasn't able to find it in the tools and file place section. Searched for "Joint Venture" & "Cowholesale contract" with no luck.

User Stats

17
Posts
8
Votes
Chris Wright
  • Fort Walton Beach, FL
8
Votes |
17
Posts
Chris Wright
  • Fort Walton Beach, FL
Replied

Hello all. Would someone be so kind and send a jv contract my way also. It would be greatly appreciated. You guys and gals are the best!

User Stats

63
Posts
44
Votes
Devin Beverage
  • Lender
  • Tampa, FL
44
Votes |
63
Posts
Devin Beverage
  • Lender
  • Tampa, FL
Replied

For anyone wondering, there is a File in Biggerpockets containing a JV Agreement on page 3 in Forms under File Place (found under Tools, above). I don't know if it's for co-wholesaling though. I'm in a rush right now, but will check it out (read it) later and update.

User Stats

12
Posts
4
Votes
Christian Dennis
  • Jacksonville Beach, FL
4
Votes |
12
Posts
Christian Dennis
  • Jacksonville Beach, FL
Replied

Can someone please send me a JVT agreement as well? 

Thank you 

User Stats

13
Posts
1
Votes
Jenetra Jackson
  • Dallas, TX
1
Votes |
13
Posts
Jenetra Jackson
  • Dallas, TX
Replied

Hi @Michael Garrison and @Rachel Orsie, do you mind sending me a copy of yours?  I am a wholesale looking to work with someone for co-wholesaling, and want to be able to spell out what our roles would be on the contract and the property we are working on.  I'm trying to find agreement, that's simple and makes it plain.  I'd really appreciate it!

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User Stats

41
Posts
5
Votes
Shaunta Andrews
  • Pooler, GA
5
Votes |
41
Posts
Shaunta Andrews
  • Pooler, GA
Replied

Does anybody have a contract that I can use for the seller and buyer? (I know that they are two different contracts.) I have a purchase and sale contract from my attorney for the buyer I suppose. 

Thank you

User Stats

10
Posts
2
Votes
Tommy Meza
  • Real Estate Agent
  • San Jose, CA
2
Votes |
10
Posts
Tommy Meza
  • Real Estate Agent
  • San Jose, CA
Replied

Hello, I'm new to BiggerPockets. I've been wondering how to structure a JV deal for awhile now as well. Does anyone have a contract template that they've used in the past? Thank you!

User Stats

80
Posts
5
Votes
Chris Gates
  • Real Estate Agent
  • Denton, TX
5
Votes |
80
Posts
Chris Gates
  • Real Estate Agent
  • Denton, TX
Replied

Michael Garrison Rachel Orsie Can you please send me a copy of that agreement also? I am getting into RE and wanting to start with wholesale and think JV with someone would be very helpful. Thank you!