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????


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.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here