How To Fund Your Real Estate Investment Projects in Nigeria using these 6 key concepts
Real estate development in Nigeria can be a lucrative business with the right funding and strategic thinking. There are six key ways to fund your real estate investment in Nigeria: 1. from your own savings Most of the time in Nigeria, if you want to start a real estate business, you can fund it from your savings. that is if you have the capacity because it's not easy to get loans 2. flexibility from Payment Plans You may not be able to shell out millions immediately out of pocket but there are different payment plans you can take advantage of. After putting down a stipulated payment — a fraction of the cost, you can spread the remaining payments, for a month, three months, six, 12, 24, or even 2–4 years. Most times these come with a little interest attached after the third month, but some are even interest-free, up to 4 years! like Landwey’s development at Oworonshoki. 3. Loan from financial institutions Maybe not so popular with individuals but lots of Real estat...