How To Structure a JV Wholesale Deal

[Allen Gregory]

I'm interested in working with someone who I met recently who has 2 or 3 deals that are under contract. He's extremely busy and doesn't seem to be able to find buyers. He came to me for lead generation and we have a tentative agreement to work that way. However, I think it's better if I just skip that part and work with him to get the deals done as a joint venture partner.

He's in Pittsburgh, PA and I'm in Atlanta, GA. I would like to work with him because I know for a fact that I can find people to buy the deal if indeed it's actually a deal.

I can also learn to analyze the property appropriately so I can do it for myself when the time comes.

I'm interested in learning how to structure the deal so I get paid. I know that he'll get paid and I know the end-buyer will get paid. I'm just not sure how I fit into all of that.

Can anyone lend some insight?