Need Advice -- Joint Venture With Finanical Partner

To get my business started, an investor friend I know is financing the property and we would split the deal 50/50.



I am interesting in buying bank owned properties thru a broker/investor who owns his own rehab business for 8 years and he is a broker for 2 years.



My question is…..



When we buy the property, I have will use the realtor’s purchase contract. Who would sign the purchase contract since we are Joint Venture? Should I sign with my LLC or does my investor friend sign his LLC?



Thanks for reading and responding to my post.





Carol

Ohio

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