Jv wholesaling with realtor

[Rene Calacuayo]

How do i structure a jv deal here in texas, were im in the position to find and end buyer, and when i market it, a realtor presents me with a buyer??

[Ram Gonzales]

What you are proposing is theoretically possible but depends on (1) how good of a deal it is (2) how much assignment fee spread there is, and (3) if the buyer the realtor is bringing is paying retail or also looking for a wholesale price. Assuming the final price is enough for all parties to be satisfied, you'd do a JV agreement with the wholesaler and the realtor would be paid their commission (as opposed to a separate JV). On the HUD statement, realtor gets commission and you and your JV partners would split the assignment fee.

In order for this to work, the property would have to be deeply discounted OR you have a retail end buyer. Your value to this transaction is not zero, but its not much either.