JV Finance – how to structure?

by Readers Question

12:09 PM, 10th October 2016
About 2 years ago

JV Finance – how to structure?

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JV Finance – how to structure?

I’ve been reading these forums since 2013 – when I followed Mark’s advice and began working with Lettings Supermarket. I’m now at a different stage of my property journey and could use some sage about JV Finance.jv

I have found a property for circa £200,000 that I believe I can make circa £100k on in 6-12 months. However, I am not sure how best to structure a JV deal, can anyone advise?

From my research, it appears a set amount of interest, ‘rolled up’ and paid at the end of the loan term/when the property is sold would be best. With terms of 8-10%interest?

Any help would be so gratefully received!

Thanks a lot.

Tim



Comments

Neil Patterson

12:14 PM, 10th October 2016
About 2 years ago

Hi Tim,

JV finance is not my specialty, but you may like to make contact with our commercial finance expert Malcolm Jones. He has been a member of the National Association of Commercial Finance Brokers for longer than I dare say on open forum 🙂

Please see his members profile >> https://www.property118.com/member/?id=3353

Tim Hague

15:30 PM, 10th October 2016
About 2 years ago

Hi Neil,

That is ever so kind - thanks a lot! Will drop Malcolm a line.

Any other advice would be gratefully received fellow forum members!

Tim


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