When looking for Joint-Venture (JV) property finance you can't just beg people - you have to think WIIFT! (What's in it for them). People with money have probably worked hard to get it and will be very protective of this universal asset - They do want to make their money work however. If the capital is not producing a return it is depreciating and they are possibly having to live off the savings (a truly lose-lose situation).
You have to demonstraight what a "Win-Win" opportunity you can offer them, in short JV investors want to know (on one page);
a) What is the property deal on offer and why is it profitable (any special angles or discounts you have)?
b) How much is needed and how much profit will I get?
c) How long will the cash be tied up?
d) What is the "Exit" route (do you have a presale or guaranteed refinance)?
e) How will I get it back if things go wrong (what security is available)?
f) Who are you and why should I believe you can complete the whole transaction (Your skills & experience or your team's/partner's skills & experience etc.)
Even though initially you should fit all this info on one A4 sheet (a very good exercise by the way) you should have a longer document available expanding on the various points just in case there is initial interest, I'd keep this to around 6 pages maximum - for larger or longer term deals you will also need to have a full busines plan available. Click the image to download a free guide on How to write an effective business plan.
If you are looking for JV Finance or you are a High Net Worth or Sophisticated Investor looking for safer better returns, contact: This email address is being protected from spambots. You need JavaScript enabled to view it. for more info'