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Land Partnership (1.) Receiving Funding as Manager (2.) Manager Sources…

- - - - 4.) Market Property
        
        5.) Sell Property
        
        6.) Close Via Title
        
        7.) Manager Receives Profit form Money Partner
        
        8.) Manager Records Documents
        
        Property Headquarters Worksheet
        
        HUD: Buy & Sell
        
        Purchase Agreement: Buy & Sell
        
        Partnership Investment Agreement
        
        Record in Bookkeeping Software
        
        Create new detailed purchase agreement with money partner taking title.
        
        Explain to Buyer that your partner is on title.
        
        Invite money partner and buyer to sign new purchase agreement.
        
        Have money partner email purchase agreement to title company. Tell them that you want your partner to be CC's on all email correspondences.
        
        Remind title that you have a Hold Open Title (Binder) Policy
        
        Title company wires funds directly to Money partner.
      - Invite money partner and seller to sign new purchase agreement.
      - Create new detailed purchase agreement with money partner taking title.
      - Create Partnership Investment Agreement
      - Explain to Seller that your partner is taking title.
      - Have money partner email purchase agreement to title company. Tell them that you want your partner to be CC's on all email correspondences.
      - Money partner wire funds directly to title company.
      - Optional: Place a first place lien on title.
      - Request Hold Open Title (Binder) Policy