Joint-venture wholesaling is the practice of two or more wholesalers partnering on a deal, splitting the work and the fee.
Log in to followRan into this twice in the last month and I still don't have a settled position. Setup: my name goes on the purchase contract, I found the seller, my partner is bringing the buyer…
Underwriting a partnership is the same problem as underwriting a deal. You look for where the value goes when things break. In a JV wholesale the contract with the seller is where…
Everywhere I look, first deal advice says find an experienced wholesaler and give up half. Half of a 12k fee is 6k, which sounds fine when the alternative is zero. What I can't te…
Deal in progress, 3/2 in a working class suburb, contract at 118k, buyer at 141k, so 23k of spread before title fees. I sourced it, he brought the buyer and did the walkthrough wi…
I'm list building, no deals yet, and I've realized I'm building the wrong half without deciding it on purpose. I've got about 400 records of absentee owners and pre-foreclosure in…
A framer I've worked with for years called me about his aunt's house. She's in assisted living now, the house is empty, and the family wants it gone without listing it. I've swung…