The connected ecosystem for the built world Marketplace · Products · Partner Solutions · Participation
ConstructFi
Wallet Build With ConstructFi
REAL ESTATE JV AGREEMENTS · ON THE WEB NOW

Build and score your JV agreement before legal review.

PactPilot walks developers and investors through the joint venture decisions that matter, scores the framework out of 100, stress-tests it and drafts a first agreement. Take it to your own attorney or one in the ConstructFi network, and spend legal fees on review instead of discovery.

Free to build and score7 partnership structuresWord and PDF draftsYour attorney or ours
SEVEN PARTNERSHIP STRUCTURES

Every JV is different. The questions change with it.

A landowner contributing a site needs different protections than a contractor earning sweat equity or a fund taking tax credits. PactPilot builds the framework around the structure you pick and the project you are building.

Sponsor / LP

Sponsor + capital partner

One side finds and runs the deal, the other funds most of it. Fees, the promote, the waterfall and how the manager can be removed.

Land + developer

Landowner + developer

Land goes in as equity. How it is valued, what happens if entitlements fail and when the owner can get the land back.

50/50 co-GP

Equal partners (50/50)

Shared control means shared deadlock. Major decisions, tie-breakers and a clean way out when partners disagree.

Sweat equity

Developer + contractor

A contractor earns equity by building. Vesting, cost overruns, change orders and what happens if the work stops.

Affordable / LIHTC

Affordable housing / LIHTC

Tax-credit investors, adjusters, recapture risk, general partner replacement and compliance for the full period.

Syndication

Multiple passive investors

Many investors, one manager. Securities questions, reporting, fees defined up front and conflicts disclosed.

Programmatic

Programmatic / institutional

A repeat program with an institution. Approval rights, budgets, key persons and the terms that carry across deals.

Project types

Six kinds of project

  • Ground-up development
  • Value-add or heavy rehab
  • Stabilized acquisition
  • Land or entitlement play
  • Mixed-use or urban infill
  • ADU or small infill
HOW IT WORKS

From a blank page to a draft counsel can review.

01

Pick the structure

7 structures · 6 project types

Choose how the partnership is put together and what you are building. PactPilot asks only the questions that matter for that deal.

02

Work through the framework

10 sections · plain language

Capital, control, fees, the waterfall, defaults, exits and more. Each question explains what it decides and what goes wrong when it is left out.

03

Score it and stress-test it

Score out of 100 · up to 10 stress tests

See every gap named, run the scenarios that break partnerships and model the waterfall before anyone signs.

04

Draft and take it to counsel

Word and PDF · attorney brief

Draft a first JV operating agreement with every open item flagged. Export it to your own attorney, or send it free to one in the ConstructFi network.

THE SCORE

A verdict you can act on.

The score measures how completely the framework covers the provisions a real estate JV needs. Some gaps are hard gates: while one is open the verdict is Not ready, whatever the number says.

The stress tests
  • A partner cannot fund a capital call
  • Construction runs 20% over budget
  • Partners disagree on selling or refinancing
  • The manager underperforms or commits misconduct
  • A partner dies, divorces or wants out early
  • The lender calls on a guarantee
  • An early sale at a big gain, or a loss
  • Entitlements or permits are denied
  • Tax credits arrive late or are recaptured
  • An investor or regulator questions the raise
  1. 80+

    READY FOR COUNSEL

    A score of 80 or more, every question answered and no hard gate open. The business terms are decided, so counsel can review and finish the draft.

  2. 55+

    TIGHTEN IT

    The deal is taking shape, but key terms are thin or missing. PactPilot shows exactly which ones to fix first.

  3. <55

    NOT READY

    Below 55, or a hard gate is open. Too much is undecided to send to an attorney yet. Keep working the framework and save the legal fees for later.

PRICING

Free to build. Pay only for what you export.

Building, scoring and previewing a framework are free. Pact Credits unlock the analysis, the brief and the drafted agreement for one framework at a time. New accounts get 3 credits once the email is confirmed.

UnlockCostWhat you get
Build, score and previewFreeEvery question, the score, the verdict and a preview of the drafted agreement
Structure comparison1 creditYour answers scored under all seven structures, side by side
Attorney brief2 creditsA summary for counsel and a numbered list of open questions
Deal analysis3 creditsDetailed findings, the stress tests and the waterfall
Amendment4 creditsA new version of the agreement after it is signed
Drafted agreement10 creditsThe JV agreement in Word and PDF, with the analysis and brief included
Starter
$49

10 Pact Credits

One drafted agreement, or an analysis and brief on several deals.

Builder
$99

25 Pact Credits

For a sponsor with two or three deals in the pipeline.

Portfolio
$199

60 Pact Credits

For firms structuring deals all year.

$49/mo

PactPilot Pro. Unlimited unlocks, up to 25 active frameworks. Cancel anytime.

$349/yr

Pro, billed annually. About $29 a month.

$699/yr

PactPilot Team. Pro for 3 people.

Never expire

Pact Credits have no cash value. Unused purchased credits are refundable within 30 days.

FOR ATTORNEYS

Clients who arrive prepared.

ConstructFi is not a law firm and does not refer legal work for a fee. Attorneys pay a flat fee to list their real estate JV practice, and users choose who to contact. The attorney sends their own engagement letter and bills the client directly.

What a listing includes
  • A directory profile for real estate JV work
  • Unlimited inquiries, with the user's brief attached when they consent
  • PactPilot Pro for your own client work
  • No per-lead charges and no percentage of legal fees, ever
Standard
$99/mo

or $990/yr

Per attorney, up to two states.

Featured
$249/mo

Per state

First position in that state's results, labelled as paid placement. At most three per state.

Listings are opening state by state. Email info@constructfi.co to be notified.

ELUVIAL ACADEMY

Learn the deal, then build it.

PactPilot and the Eluvial Academy JV course share one framework. Questions link to the module that teaches them, and the course capstone is a framework built in PactPilot.

  1. 10

    Pact Credits for your certificate

    Graduates of the JV course get 10 Pact Credits once per account, and the certificate is noted on attorney briefs.

  2. COVI

    Earned, never bought

    Answer every question, reach Ready for counsel and cover every stress test to earn COVI. COVI has no cash value and is never sold or spent.

QUESTIONS

Before you start.

Is PactPilot a law firm?

No. PactPilot is a self-help tool from ConstructFi Inc. It does not give legal advice, does not create an attorney-client relationship and does not replace an attorney. It helps you decide the business terms and arrive at legal review prepared.

Do I still need an attorney?

Yes. Every drafted agreement is a first draft for attorney review. The point is to spend counsel's time reviewing and finishing your deal instead of designing it from a blank page.

Can I use my own attorney?

Yes. Export the agreement in Word and the attorney brief and send them to anyone. If you do not have an attorney, you can send the framework free to one listed in the ConstructFi network. They quote and bill you directly.

Does ConstructFi take a share of attorney fees?

Never. Attorneys pay ConstructFi a flat listing fee to be found on the platform. There are no per-lead charges and no percentage of what they bill you.

Do Pact Credits expire?

No. Pact Credits never expire and have no cash value. Unused purchased credits can be refunded within 30 days of purchase.

How does it connect to Eluvial Academy?

The Eluvial Academy JV course and PactPilot use the same framework. Questions link to the module that teaches them. Graduates have their certificate noted on attorney briefs and get 10 Pact Credits once per account.

Bring counsel a finished framework.

Start free, see your score in minutes and only pay when you are ready to export.

NOT A SUBSTITUTE FOR AN ATTORNEY

PactPilot is a self-help document tool from ConstructFi Inc., 1026 Jay St, Suite 31, Charlotte, NC 28208. ConstructFi is not a law firm, does not give legal advice and is not a substitute for the advice of an attorney. Drafted agreements are for review by an attorney licensed in your state. Read the terms and corrections and refunds policy.