I have partnered up with two other DG members in my area to work a large bulk REO properties. We wanted to have a joint venture agreement, but not sure just what to consider since we plan to use transactional funding and doing back-to-back closings with wholesaling to an end buyer.
Has anyone ever partnered with another investor and had joint venture agreement when wholesaleing the properties? Could anyone provide a sample of the agreement. We have one, but it doesn't seem to fit what we are actually doing.
We are in the throws on trying to make something happen with these properties so I would really appreciate some quick assistance if you can help me out.
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