Joint Venture
With joint ventures we offer investors a great opportunity to invest in property but at the same time remain hands off with minimal risk.
How our Joint Ventures work…
Step 1 – We find a suitable property and present it to you along with a cost for the refurbishment plus the end value once works are complete, all due dilligence is backed up by recent sales
Step 2 – The property is purchased in your name, not ours, this protects the investors and minimises any risks
Step 3 – The agreed refurbishment costs are lodge with the solicitors, these are released at stage payments which are agreed prior to purchase
Step 4 – Refurbishment Complete, the property is marketed by a local agent and ourselves
Step 5 – Property is sold and profits are shared 60-40% in the investors favor
Take a look at the example below on a property we have just purchased with an investor. We advise that investors have a minimum capital of approx £30,000, this particular investor is buying using a mortgage, the other options are buying cash or using bridging finance, we can guide you based on your individual circumstances.
Recent Joint Venture Completed June 2015
- Purcahse Price: £61,000 (Marketed at £70,000)
- Refurbishment Costs: £20,000
- Market Value on Completion: £112,500
- Potential Profit: £31,500
- Investors Potential Profit: £18,900