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Updated 5 months ago on . Most recent reply

User Stats

24
Posts
5
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Rene Calacuayo
  • Longview, TX
5
Votes |
24
Posts

Jv wholesaling with realtor

Rene Calacuayo
  • Longview, TX
Posted

How do i structure a jv deal here in texas, were im in the position to find and end buyer, and when i market it, a realtor presents me with a buyer??

Most Popular Reply

User Stats

24
Posts
5
Votes
Rene Calacuayo
  • Longview, TX
5
Votes |
24
Posts
Rene Calacuayo
  • Longview, TX
Replied

@Daray Olaleye im a newbie and building up my buyers list and i have a question that no one seems to understand, if/when i have a strong buyers list I'd like to co-wholesale/jv with another wholesaler. So in a situation were they have a deal under contract but cant find a buyer for it, they call me, to see if i can find one. Now i send this property to my buyers list with verbiage of "realtors stack your fee on top". And thus a realtor brings forth an interested investor.

Now since im still kinda new, I'd like to know 1. How to set up a jv deal between me and the wholesaler. 2. What happens after the realtor brings an interested investor? How do we move to closing? And 3. Can i do this hypothetical? And if not, what gets in the way to where this is a bad idea? Because i mean the realtor gets to stack their commission ontop and see who bites on their list. Im helping the wholesaler find the end buyer.. I had people tell me that i would bring no value... I dont see how i wouldn't.

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