What is a Joint Venture?
A joint venture in real estate is when individuals and/or businesses come together to make a project happen. It is often risky for an individual to stake the entire investment for a project, if they happen to have enough capital in the first place. This is when a developer or investor may look to a joint venture to get a project done. Joint venture real estate financing means you are partnering with one or several individuals, or a company, to raise the capital necessary in exchange for equity in the project. Be sure to explore all options to make sure this is the best choice for your situation. Ask yourself if you want to bring on general partners (who will have control of the decision making process) or only limited partners in your project.
How To Get Joint Venture Financing?
Obtaining joint venture financing is all about knowing the right people and having the right connections. There are definitely pros and cons to joint venture financing so you want to make sure you are getting matched up with the right person or company. Simple Commercial Capital can help you find the right partner for financing. Give us a call at 1-866-554-1120 to discuss your options in more detail. Our goal is to make this process as simple as possible for you.