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Updated over 5 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Shakia Morrison
  • New to Real Estate
  • Boston, MA
3
Votes |
16
Posts

Newbie wholesaler..JV deals and buyers questions

Shakia Morrison
  • New to Real Estate
  • Boston, MA
Posted

I have found a couple of people interested in JVing and this will be my first deal. I already understand that I am not putting in any work to find a buyer before the JV contracts are signed both ways and at this point have already begun searching for buyers. I have also learned to protect my deal by verifying buyer info before giving out the full address of the property. I have a few buyers contacting me and have let me know they must send me their info before I can send them the property info. My confusion comes in at two points. The first is whether or not I discuss all the details with the buyer or do I send over the buyer's info to the company and let them work out the deal. The second point is in which (assuming I've worked out the details with the buyer) a buyer agrees to move forward. Am I supposed to be signing a contract with the buyer and sending the contract over or sending the buyers info to the company that I have the JV contract with so they can get the contract signed or what?

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