Commercial Real Estate Developer

[ROBERT JOHNSON]

Hello, I am new to CREI and I found some property in my area and I have a vision of developing. I'm looking for a JV partner to join me in bringing my vision to life. I know my interest rates may be off, but this is what I know is possible.

The JV partner I'm looking for will supply cash capital and financing needs to secure the property and get the construction underway. After completing will do a cash out refinance for ROI to the JV partner. This is a project I intend to hold long term.

[Jaycee Greene]

Quote from @ROBERT JOHNSON:

Hello, I am new to CREI and I found some property in my area and I have a vision of developing. I'm looking for a JV partner to join me in bringing my vision to life. I know my interest rates may be off, but this is what I know is possible.

The JV partner I'm looking for will supply cash capital and financing needs to secure the property and get the construction underway. After completing will do a cash out refinance for ROI to the JV partner. This is a project I intend to hold long term.

@ROBERT JOHNSON If you're looking to cash out your investor at refinance, I'd be surprised if you can get over 70% ABV.