JV - What to know & How to vet someone

[Tyonna Walker]

Hello!

I am new to wholesaling and have made my presence (somewhat) on here and some Facebook groups. I received a couple of people talking about JV. I wanted to know the following below:

• What are some of the best questions to ask someone trying to JV with me?
  What should I look out for?
• How can you protect myself aka not get messed over when doing a JV?
• Has anyone ever JV with someone on a Facebook group (somewhat you didn't know)? If so, how did you handle it?
• What is the process? Do I only find the buyer and the other person finds the seller? Or is it the other way around? 
• Do the check get cut 50-50? 

Thanks you!!!