Joint Venture
Overview
A joint venture is an option for owners who don’t want to leave money on the table by selling as-is. Instead of selling at a discount, the owner becomes a partner by contributing the property (equity) while we fund, manage and complete the renovations. Once the improvements are complete and the property is sold, we share the net profit.
Ideal For
This option works well for owners who don’t need money/payout immediately, want a higher outcome than an as-is sale, and don’t want the cost or responsibility of managing repairs. It’s a good fit when the property has clear upside, but the owner prefers not to take on the renovation work themselves. Offload Real Estate will fund and complete the renovations so that you remain hands off but reap the financial benefits.
How the Numbers Work
We start by inspecting the property and identifying the repairs needed to sell it at the top of the market. We then purchase the property for the amount owed, allowing you to contribute your equity and become a partner in the deal. We fund, manage, and complete all repairs, so there is no cash out of pocket for you. Once the property is sold, the net profit is split, which often results in a higher payout than accepting a walk-away cash offer.