How a developer reviews a joint venture partner's deal package

A real estate developer can handle a joint venture deal brought by a partner by looking closely at the partner's numbers and assumptions. Underwriting reads the package and shows every assumption beside every number, so the equity decision rests on checked figures. ## What to check | Check | Why it matters | |---|---| | Projected income vs in-place | Shows how much is forecast | | Cost and basis assumptions | Drive the return | | Debt terms assumed | Change equity needed | | Exit assumption | Often the weakest input | | Partner's track record | Context for the forecast | ## How Titleman fits Titleman has two services for this work. Underwriting screens a deal from its documents and lists every assumption. Signals sends new deals in your territory. Send one deal to Underwriting and see the result before you decide anything. ## Frequently asked questions **What should an equity partner verify first?** The exit assumption and the income the return depends on. **Where can I try it?** See [how Titleman Underwriting works](https://titleman.ai/) and send one deal.