Funding program

Joint-Venture Real Estate Funding

Joint-venture funding is for deals where shared project economics beat a stretched loan. On qualifying transactions, structures can cover up to 100% of purchase, rehab, and closing costs when total project cost is within 70% of after-repair value.

Debt keeps upside if you can support the payment and the equity check. JV trades a share of project economics for capital that does not require you to fund the full basis. The right answer depends on the deal — not on a slogan. This page explains when JV is the honest fit, how it relates to the flagship 100% purchase-and-rehab path, and what a review actually examines.

Submit a Deal for Review See Parameters

Up to 100% of purchase, rehab, and closing costs on qualifying joint-venture transactions when total project cost is within 70% of ARV. Subject to ARV support, documentation, total project economics, program availability, underwriting, and final approval. Not all transactions qualify.

Program parameters

Terms at a Glance

Where a figure is still being confirmed against the current program sheet, it says so rather than guessing.

Structure: Joint venture — capital participates in project economics rather than pure debt against your equity alone
Maximum capital (qualifying): Up to 100% of purchase, rehab, and closing costs on qualifying JV transactions
The gate: Total project cost within 70% of ARV
Profit split: {{CLAIM:jv.split_structure}} — confirming against current program sheet
Term / project size: {{CLAIM:jv.term_range}} / {{CLAIM:jv.project_size_range}} — confirming
When debt is better: Strong equity, clean DSCR or flip margin, and no need to share upside
Markets: Cleveland, OH and Fort Lauderdale / South Florida

Who It Is For

Operators with deal flow who want to preserve cash across multiple projects
Investors whose best deal does not leave enough equity for conventional leverage
Sponsors who prefer a partner on execution risk rather than maxing hard money
Borrowers who were declined for thin equity but have strong project economics

Common Scenarios

Purchase + heavy rehab within the 70% ARV cost gate
Scaling flip volume without stacking personal cash into every basis
Partnership on a single flagship project with clear exit
Situations where debt exists but the payment or equity check breaks the deal

How the Transaction Is Evaluated

Cost-to-ARV. The hard gate for 100% structures — total cost within 70% of defensible ARV
ARV support. Comps that survive appraisal, not aspirational pricing
Budget realism. Line-item rehab with contingency
Operator fit. Ability to execute the specific scope
Exit. Sale or refinance that repays and realizes the partnership economics
Alignment. Clear understanding that upside is shared

Documentation

Purchase contract or LOI
Line-item rehab budget
ARV comps package
Photos / inspection
Experience summary and entity documents
Proposed timeline and exit plan

Illustrative economics

How JV Math Differs From Debt (Illustrative)

Uses the confirmed 100% / 70% ARV framework. Specific split percentages remain claim-tokened until approved.

Illustrative only. Not a quote, not an offer, not a representation of terms for any specific transaction.
Purchase	$180,000	Contract
Rehab + contingency	$71,500	Line-item scope
Closing (illustrative)	$6,500	Varies by market
Total project cost	$258,000	All-in basis
ARV	$370,000	Supported comps
Cost / ARV	69.7%	Inside 70% gate
Investor cash in (qualifying 100% JV)	$0 at basis	Subject to approval — not a guarantee
Profit split	Confirming	{{CLAIM:jv.split_structure}}

Reading the table: underwriting cares about whether income, occupancy, and exit support the stack — not whether a marketing range looks competitive on a brochure.

Process

From Inquiry to Clear-to-Close Path

01

Deal screen

Cost, ARV, and scope — does the math clear the gate?

02

Structure conversation

Debt vs JV honesty: which leaves the investor better off?

03

Full JV file

Docs, valuation path, partner requirements.

04

Agreement & conditions

Economics and responsibilities documented before funding.

05

Execution & draws

Work funded against verified progress where rehab is involved.

When This Path Does Not Fit

Deals above the 70% cost-to-ARV gate seeking '100% anyway'
Operators unwilling to share upside but needing full capital
Unsupported ARV or vague rehab budgets
No exit plan
Consumer-purpose or owner-occupied primary residence needs

If this program is not the right fit, RECR may identify another available direction among debt, bridge, construction, or joint-venture structures.

Related Resources

FAQ

Questions Investors Ask First

Is joint venture the same as a hard money loan?

No. Hard money is debt with payments and equity requirements. JV participates in project economics and can fund more of the basis when the deal supports it — including up to 100% of purchase, rehab, and closing within 70% of ARV on qualifying transactions.

Do I always want 100% financing?

No. If you can support a clean debt structure and keep the upside, debt is often better. JV is for when the partnership math is the honest path. See the three-way comparison on the flagship page.

What is the single number that matters most?

Total project cost divided by ARV. Above 70%, the 100% JV structure is the wrong product for that deal.

Is the profit split published here?

Split structure is still confirming against the current program sheet and appears as a claim token until approved documentation lands.

Have a commercial or multifamily opportunity in motion?

Bring the address, the numbers, and the exit. We will tell you which capital path fits — or which one does not.

Submit a Deal Talk to the Team

Important disclosures. Program language on this page is illustrative. Actual leverage, rates, fees, terms, and eligibility vary by borrower, property, market, documentation, and capital partner. Not a commitment to lend. Not an offer of securities. Business-purpose, non-owner-occupied transactions only where applicable. Subject to underwriting and final approval. Not all transactions qualify.

Alignment problems JV is designed to solve — and create

JV solves a cash constraint and can solve a risk-sharing preference. It creates a need for clarity: who controls draws, who approves change orders, what happens in a slow sale, and how profit is defined after fees. Those terms are why split structure remains claim-tokened until the current program sheet is approved for public detail.

Read the full arithmetic and disqualifiers on the 100% purchase-and-rehab flagship before you negotiate with a seller as if 100% capital were automatic. The gate is mathematical. Charm does not move cost-to-ARV.

For conceptual framing, use debt vs JV and understanding ARV. Run the project through the deal analyzer before you submit.

Field notes for stronger JV files

Underwriting is a conversation about risk transfer. Every structure answers who holds basis risk, who holds execution risk, who holds market risk between now and exit, and who gets paid first when the project succeeds or stalls. Investors who can narrate those four points clearly get better path-fit answers than investors who only ask for a rate.

Documentation quality is not bureaucracy for its own sake. A rent roll that balances, a budget that ties to photos, and comps that an appraiser would not laugh at are how capital partners defend a yes internally. Soft files create soft maybes that die in committee.

Cleveland and South Florida both contain submarkets that look similar on a map and behave differently in insurance cost, buyer depth, rent ceilings, and days-on-market. Say which submarket you are in and why this asset works there. Generic “Midwest multifamily” or “Florida flip” language does not substitute for local arithmetic.

If this program is adjacent to another path on the site, read both pages before you submit. The cost of an extra twenty minutes of reading is lower than the cost of a week spent in the wrong box. When you are ready, use Submit a Deal and include the constraint that matters most: cash in, speed, payment, or upside retention.

State the exit with a date range, not a vibe
Separate known facts from assumptions in your notes
Disclose the ugly item early — roof, vacancy, code, partner dispute
Match entity name on the contract to the entity that will borrow or venture
Use investor tools to pressure-test the story before the desk does

Practical checklist before you leave this page

Write down the property address, the all-in cost you actually believe, the exit that repays the stack, and the date by which that exit must work. If any of those four items is fuzzy, fix the fuzz before you argue about product labels. Capital partners can work with incomplete documents; they cannot work with invented arithmetic.

Then choose one primary program page that matches the strategy, one calculator that stress-tests the key ratio or budget, and one resource article that explains the concept you are least confident about. That three-click path is how this site is meant to be used — not as a stack of disconnected marketing tiles.

RECR focus markets remain Cleveland, OH and Fort Lauderdale / South Florida. Phone 954-676-4205. Email fabercapitalresources@gmail.com. Up to 100% of purchase, rehab, and closing costs on qualifying joint-venture transactions remains available only when total project cost is within 70% of ARV and full conditions are met — never as a slogan detached from the gate.