Joint Venture Land Funding
Land Deals Funded
At Funder.Land we aspire to develop quality long-term Joint Venture partnerships with a small roster of savvy land speculators and developers. We "speak" land, smart risk, solid ROI and fairness.
How it works
Process
Since we are a small boutique funder working land deals exclusively, we have the expertise, processes and control of moneys to make decisions quickly to accommodate our client partners' short project timelines. We don't have bloated departments or budgets to make us complacent and forget that land investors are the heart of our business.
Our terms and pricing are fair and simple, designed to cement long-lasting partnerships versus quick single funding hits. We are agile and flexible, because we understand that no two land deals are alike.
Request Funding
Once the seller returns a signed purchase agreement to you, you'll fill out our Request Funding form to provide initial info about your parcel. We'll then promptly underwrite your land deal within 24 hours.
Sign JV Agreement
We'll reach out to you to present and discuss our process, funding offer, and answer your questions. Then you will sign our funding agreement. Next, we'll contact the title company to initiate the escrow process.
Complete Acquisition
After the funding agreement is executed, we will begin our due diligence and make plans for property marketing. Once the due diligence is completed, we close on the property using a title company.
Sell Parcel
We begin marketing the property at the lowest possible cost, in order to preserve profits, although quick disposition is our main goal. You do not have to do anything at this stage, except receive our regular updates.
The difference
Why Choose Us
Service
Whereas some other funders want you, the investor, to take care of marketing and selling the property, and some even want you to do the due diligence, we take care of everything ourselves, freeing you to find new sellers.
Speed
We underwrite within 24 hours, while some funders claim to do the same and take as long as a week — you've been there, haven't you? Then we maintain the same rhythm to drive the deal toward closing and later, rapid disposition. $10K profit in 3 months is more than $10K profit in 6 months.
Simplicity
Submit a request for funding, receive a decision, sign the JV agreement, then get back to finding deals while awaiting the payday. Best part? NO RISK TO YOU, once the deal is turned over to us. Can we make it any simpler?
What we fund
Funding Criteria
- Property Type
- Any (no desert squares)
- Location
- USA (sans HI, LA, ND, AK)
- Purchase Price
- 50% or less of Market Value (higher may be acceptable in some instances)
- Flood Zone
- Partial or none
- Access
- Paved or dirt road or deeded easement
- Sale Terms
- Cash will be preferred. Seller Financing in some instances.
Joint venture
Profit Split
Funder.Land takes care of all the due diligence, acquisition and disposal work as part of our Joint Venture Funding program — you do not have to do anything after you turn the deal over to us.
| Days | Your % of Net Profit | Funder's % |
|---|---|---|
| 1-90 | 60% | 40% |
| 91-180 | 55% | 45% |
| 181-270 | 50% | 50% |
| 271-365 | 40% | 60% |
| 366-546 | 25% | 75% |
| 547 up | 10% | 90% |
Chart Definitions
Net Profit is gross sale price of the land minus the purchase price and all expenses (closing, marketing, sales, improvement, due diligence, photography, other expenses).
Days are from the time funds are wired to complete the purchase to the time all the sales proceeds funds are received by us.
These profit splits assume that you have secured a purchase agreement to buy a parcel of land at 50% of market value or below. If the purchase price is higher, we may still be able to fund the deal, however either the split will be different, or you will need to bring some money to the deal, or both. Other conditions may also apply.
GET PAID RIGHT AWAY! If a deal does not fit our criteria, we may still be able to offer you an assignment fee payable immediately after the purchase is completed, thereby "buying" the deal from you. The amount is highly dependent on the deal conditions. Let us know if that interests you.
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