Joint venture loans are a great way to fund your next fix and flip project.
Joint ventures are a commercial enterprise undertaken by two or more parties that otherwise retain their distinct identities. In other words, two or more parties pool their resources in order to accomplish a goal.
This is different from a partnership in that it has a defined end point.
Each party is responsible for their own debt. In the end, profits are divided between the parties based on the original agreement.
There are generally two types of joint ventures:
Joint venture funding is great for fix and flippers who have had trouble securing funding through other methods. If you’re struggling to obtain funding in your name, this is a good option for you.
These are best for fix and flip investors who are:
If you’re a real estate investor or fix and flipper interested in joint venture funding, call the experts at Gauntlet Funding. We can answer all your questions and help you get the funding that’s right for your project.