JV advice

1 Reply

I have been studying Real Estate for a while, and I got to that "analysis paralysis" point. So I decided to move forward and get started with wholesaling. I have a property lined up to sell (my mom's old house) that is perfect for a wholesale deal, however, I'm trying to decide if I should go at it alone, or if I should enter into a JV with someone who is already established (another wholesaler).

On my own, I am still searching for an adequate looking sales contract and assignment contract. I have one, but it looks a bit sketchy. I have advertised the property and have received interest from a few potential buyers (one of which has approached me about the JV). On the flipside, if I partner with the other wholesaler, the materials, resources and knowledge base is there.

Can anyone suggest what I should do????

-Ben

Benjamin Ellis when you say your moms old house I want to clarify she does not currently own it? If she does look for a fix and flip partner not wholesale deal.
I would say reach out to members on BP. Maybe post in market place JV wholesale deal. JV is a smart way to go because what you will learn has the potential to make you way more deals in a way faster time.

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