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  • Buy-to-Let

    Mark Burdge / Passive Property JV's

    Has anybody on the tribe JV'd with the above? I realise Mark is a member on here so PM me if you prefer.

    Passive make some pretty bold claims. For a £5k annual fee (I know I know, upfront fees), you can allegedely put £20k into a JV with a 2nd charge and guaranteed (that word again) 25% return after 10 weeks. So in effect, double your money in 12 months.

    I've never trusted my money to anyone else but me, so the too good to be true mantra is ringing loudly in my head.

    I am however planning various strategies for 2013 and am considering JV's with other partners so this caught my eye.

    Has anybody had any dealings with the above. If so, could you let me know if the experience was good, bad or ugly, whatever is applicable.

    Many thanks
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    Hi Paul

    Have a good read of this. Mark comments on the thread Property Assets JV
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    Regards Simon Searchlight Finance

    Fulfil Your Property Ambitions

    01565 654005

    Searchlight Finance Ltd is authorised and regulated by the Financial Conduct Authority reference 743220.

    HMO Finance I Complex BTL I Bridging Finance I Development Finance

    Buy to Let I Portfolio Finance I Commercial Mortgages

    (05-11-2012 08:09 PM)Simon Allen Wrote:  Hi Paul

    Have a good read of this. Mark comments on the thread Property Assets JV

    Hi Simon. That link is not working.
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    Thanks for that Simon. Don't know why this thread didn't show when I typed it in the search.
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    Regards Simon Searchlight Finance

    Fulfil Your Property Ambitions

    01565 654005

    Searchlight Finance Ltd is authorised and regulated by the Financial Conduct Authority reference 743220.

    HMO Finance I Complex BTL I Bridging Finance I Development Finance

    Buy to Let I Portfolio Finance I Commercial Mortgages