Just inquiring about wholesaling jargon

Just inquiring about wholesaling jargon

Los Angeles, CA · Member since 2022 · 43 posts · 11 votes

What does JV means can someone tell..

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Real Estate Agent · Columbus | Toledo · Member since 2019 · 608 posts · 768 votes
3y
Quote from @Carla Jones:

What does JV means can someone tell..


JV means Joint Venture as others have mentioned. It is partnering to get deals done. One popular way to JV include bringing buyers to wholesalers or others who have property they are having trouble selling

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  • Real Estate Agent · Sandwich, MA · Member since 2014 · 974 posts · 636 votes
    3y

    @Carla Jones

    JV stands for joint venture.

  • Real Estate Agent · Santa Ana, CA · Member since 2016 · 56 posts · 32 votes
    3y
    Quote from @Carla Jones:

    What does JV means can someone tell..


    In case you were curious, the Joint Venture is typically used when you are partnering with someone that helps get your deal across the finish line in some manner. Example - you find the great deal and The partner handles the financing. You put a JV in writing to define the roles and expectations of the partnership.

    Hopefully that helps!

  • Real Estate Agent · Columbus | Toledo · Member since 2019 · 608 posts · 768 votes
    3y
    Quote from @Carla Jones:

    What does JV means can someone tell..


    JV means Joint Venture as others have mentioned. It is partnering to get deals done. One popular way to JV include bringing buyers to wholesalers or others who have property they are having trouble selling

  • Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    Joint venture, wholesalers will joint venture with other wholesalers if they can not find a buyer for the deal 

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