
Joint
Venturing
Joint ventures are an excellent way for people with no experience or desire to purchase a property to be able to invest in
real estate.
For
your reference, here is a brief overview of what a typical Joint Venture entails.
- The
investor provides the
funding required to secure the deal. This includes the down
payment, closing costs, and a few other costs.
-
We
will qualify for the mortgage and remain on the title
of the property.
-
We co-ordinate
the lawyer and banker to close the deal.
-
We
manage all day-to-day activities and renovations when required.
-
The monthly net cash
flow is split 50-50.
-
When
the property is sold, you would get your initial
investment back and the balance of the appreciation is
split 50-50.
-
If you do consider taking on a
mortgage, we'll put you on title as well and we'll cover monthly
payments. The split will also be increased in your favor.
To see frequently asked questions, click
here.
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