Forming a Joint Venture

[Guillermo Kennedy]

Hello All!

My business partner and I already set up an LLC and we are looking to start acquiring RE with two other individuals through a joint venture type setup. HOWEVER, want to avoid/minimize setting up a new company and filing additional LLC and other related documents (want to avoid extra work additional docs would create). All agreed that we would much rather use our company as the front man (if you will) and then use a viable agreement/contract to list purpose, profit allocation, rights (including voting) and obligations of persons under agreement, amendment and dissolution criteria, and duration of joint venture. Is there any other legally binding agreement that could be used to achieve this without having to file for a new LLC or partnership thus creating a whole new set of paperwork and fees?

Hopefully I haven't confused folks or given anyone a headache!

Thanks!