Modern Property Joint Venturing
The notion of entering into a property project with a partner may seem like the ideal way to combine individual skills or balance a funding deficit. Yet many of the realities and potential pitfalls are frequently understated. Further to her end of year commentary, experienced investor, developer and mortgage broker founder Lisa Orme of Keys Mortgages kindly took the time out to answer some headline questions for us. We explore how investors and developers these days cannot expect to seek debt funding without inputting capital themselves. Lisa then runs through the importance of having a track record, crowdfunding’s impact on seeking debt finance, the meaning of ‘gaining a pecuniary advantage by deception’, due diligence. Further down, some eye-opening case studies are also highlighted… What does ‘skin in the game’ mean in the context taking on debt to fund projects? This varies... [Read More]
