Should I have my JV partner sign an agreement prior to making an offer?

Question

I've come across a real estate deal in which I will need a JV partner with more experience.  We're going there today to get the deal under contract. Should I have my JV partner sign a JV agreement prior to us making this offer?  He will be cutting the check on the deal. Thanks in advance.

Answer 1

It depends on if your partnership requires him to sign contracts.  If not, then just you can sign.

• confused3 weeks agoReport

  We don't have a partnership.  He is an investor I met a couple of years ago.  I need his experience to get this deal done.  I just want to protect myself from being cut out of the deal.