wholesale short sale question

[Andrew Nesbitt]

Ok...need some help with this one...Wholesaler came to me for help trying to unload a short sale he has under contract. He has it priced too high and needs to get a reduction of about $70k to make it a decent wholesale flip. I want to get in the deal to help negotiate, but I'm not sure what contracts I need. Do I just need a JV agreement and that will put me in as his partner and I will be able to negotiate lower with the bank? or Will I need more documentation to be able to talk to the bank. Property is going to auction in a week so I need fast answers.