JV advice
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