In the case of land, using Joint Venture Facilitation (JVF) strategy instead of buying the land outright eliminates almost all the risk associated with land ownership. In a JVF, you are only a partner in the developement with the landowner and the developer, which minimizes the risks involved in the deal. Using this route enables you to avoid financial risks associated with cash
and availability of credit, legal risks like lawsuits that affect the development and title claims, and regulatory risks common with planning permissions and changes in zoning laws.