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Calvin Schmeling
  • New to Real Estate
  • Milwaukee, WI
9
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28
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Jv vs partnership what do I do

Calvin Schmeling
  • New to Real Estate
  • Milwaukee, WI
Posted May 17 2022, 15:28

I've heard from a lot of people always test the waters through JVing with your future partner before going into an LLC first. I am really unfamiliar with JV and don't know how it works. Is it its own entity? And how do I even JV with the person I am trying to partner with? When the deal goes through does the JV have it's own bank account the money goes to?

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