12:09 PM, 10th October 2016, About 5 years ago 2
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.
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.
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