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What are joint ventures?

RELover

Inspired Forum Member
REIN Member
Joined
Apr 29, 2016
Messages
88
How do they work?

Are they partnerships?

What are some investing vehicles without you having to put your own money?
 

Sherilynn

Real Estate Maven
REIN Member
Joined
Oct 22, 2007
Messages
2,803
Joint ventures are like partnerships on a specific venture or investment or transaction. Yes, it is a way to invest without your own money, providing you have something of equal value to offer the JV.

Normally, there is one operational partner (who is somewhat of an expert in real estate investment in that area), JV'ing with a money partner. Either party (or both) may qualify for the mortgage and be listed on mortgage and title (but be careful to fully disclose to the bank, as required).

REIN offers a home study package on JV's. You may want to have a look.
 

DanW

0
Registered
Joined
Sep 18, 2007
Messages
26
I bought the home study course. It was very good. I have only done 3 deals and it has made large returns.
 

Jack B. Maya

New Forum Member
Registered
Joined
Jul 12, 2017
Messages
5
Joint ventures are similar to partnerships. They can be a partnership in money or resources. So there is a chance to invest without money.
 
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