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Updated about 8 years ago,

User Stats

9
Posts
1
Votes
Daniele Kouassi
  • Flipper/Rehabber
  • Omaha, NE
1
Votes |
9
Posts

Joint Venture Agreement

Daniele Kouassi
  • Flipper/Rehabber
  • Omaha, NE
Posted

Hello BP community,

I have a couple of buyers who are eager to start working with me. Problem is most of the houses I found that fit their criteria are under contract by other investors. I talked to a few and they agreed to partner up with me. After some research, I found out that the contract that would allow me to work with those investors is called "joint venture" or "JV". My question is how should the contract look like? Also what does it entail and how would the other investor get paid?

Thank you.