Hello nairalanders,
Mum bought an uncompleted 4 bedroom flat in an area in the southwest, she had roofed it but due to recession and financial challenges facing us all. She thought to finish the house would be a problem. she sought for my advice that, should she lease the building out for developers to complete the building?
Being an undergraduate am not financially capable to help her finish off the building? And i have little knowledge when it comes to properties and lease.
is it okay to lease the uncompleted building out?
what are the risk factors?
and how many years can such building lease out?
pls help a brother.

it can happen to anybody...
on the issue of developer..... U av to b very vigilant n careful in selecting.... because some of them are beyond human beings... I rest my case on that.
why not try banks and use d use particulars​ as collateral..... mortgage bank**

haywayboi:
it can happen to anybody...
on the issue of developer..... U av to b very vigilant n careful in selecting.... because some of them are beyond human beings... I rest my case on that.
why not try banks and use d use particulars​ as collateral..... mortgage bank**

thanks sir