JV financing

[Jamal White]

%Hello from a newbie investor. I have a question regarding JV financing. I notice on some JV financing they say 100%. There is an old saying when something is too good to be true it's not. Would you still need put some money down for the deal? Can someone please help on what you would have to do in a JV deal for them to finance the deal?

[Jay Hinrichs]

@Sharad M.

Depends on the deal.. I did one in Oregon a few years back were I lent 225k and took a 50% equity participation. they sold the property for 800k so we netted 575k and we got our 10% plus 50% of the 575k so bout 300k profit on a 225k loan in less than a year. Now they are not all that good of course.. But for the borrower no one would lend him a dime we stepped up and basically became his partner. He owned the dirt we had the mortgage and no one knew what we made since we were a bene not a owner. On my little deals In the mid west we will lend 30 to 50k and take 25% of the ups, and only do it with those I have vetted. No newbies wannabes or crooks.