I have an LOI out on a small multifamily deal and plan to bring in a JV partner for the equity (~$370k). We have full intent to close, and I’ve already told the broker something along the lines of: “I’m not the money — I have a few partners who write the check, and I handle everything else.” That said, my usual JV partner is tapped out right now. If I hear back that the seller is good with the LOI terms, I’ll start more aggressively lining up a new partner. For those who’ve done JVs before — how do you typically handle that process so you can stay transparent with the broker and seller while still giving them full confidence you’ll close? I’ve done a syndication before, which is a bit different since LPs don’t see the property, so lining up capital on the backend was cleaner. Am I overthinking this? Should I just continue through the process like a syndication and line up a JV during due diligence, or should I have one locked before executing the PSA/OTP? I’m not opposed to wholesaling the deal if needed, but it’s in a submarket where I already own and know the rents extremely well — so ideally, I’d like to close and add to my footprint. Any thoughts/guidance would be helpful here, thanks.

Just got another property under contract - looking like I will have a buyer lined by end of the day *knock on wood* Thanks for inspiring the cold calling! Again *knock on wood* this would put me at ~$90k in profit in the next 30-45 days if everything closes smoothly... My goal is a $100k month!

I still have 13 Free Copies of Hormozi’s new books “100M Money Models” if anyone wants one? Send me a dm (on Skool) and I’ll send you one. First come first serve 😝

We fund down payments and rehab funds first or second position up to $5M

@Nick Chapman Is there an ETA for when material will be available?