Land Partnership

1.) Receiving Funding as Manager

2.) Manager Sources Deal

3.) Generate Documents

4.) Market Property

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.

5.) Sell Property

6.) Close Via Title

Request Hold Open Title (Binder) Policy

7.) Manager Receives Profit form Money Partner

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.

8.) Manager Records Documents

Property Headquarters Worksheet

HUD: Buy & Sell

Purchase Agreement: Buy & Sell

Partnership Investment Agreement

Record in Bookkeeping Software