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Account Closed
  • Real Estate Investor
  • Waldorf, MD
320
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Joint Venture (JV) LOI

Account Closed
  • Real Estate Investor
  • Waldorf, MD
Posted

How would you write an LOI with partners without forming an entity together? We're looking at doing an apartment together.

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Nick B.
  • Investor
  • North Richland Hills, TX
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Nick B.
  • Investor
  • North Richland Hills, TX
Replied

You don't need to. Just use the name of one partner and "and/or assigns" phrase. If LOI is accepted you can assign it to to a newly created entity

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