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5 Proven Ways Real Estate Investors Use To Source For Investment Funds - Properties - Nairaland

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5 Proven Ways Real Estate Investors Use To Source For Investment Funds by vikt: 3:47pm On Sep 21, 2022
Investing in real estate is one the best form investment that almost all high income earners particularly Nigerians in diaspora use to increase and preserve their wealth which a lot of the middle and low income earners mostly the average nigerian keep neglects without seeking its potential due to the funds requires to start and get rich quick syndrome.

But one thing to be aware of and understand is that real estate investment can be started with little funds and a project idea; and there are several ways to source for funds to invest and acquires lands ans properties whether for residential or commercial use.
Let’s take a look at several ways you can fund your real estate investment in Nigeria.

1. Personal funding
There is something for every budget and every size; you can simply your fund Real Estate projects from savings and wages in this part of the world according to your budget and the scale. This can also be gotten from friends,family and colleagues as you pitch your project idea to them.

2. Use Bank Loans
Possibly not that well known among individuals, but many real estate developers and businesses use this tactic. It all revolves around using OPM (other people’s money) to fund real estate developments. Even in this part of the world, where banks are typically reluctant to lend money to individuals and businesses, they are happy to open their checkbooks for real estate projects and developments. Even after receiving earnings from their real estate investment projects, most corporations still meet up. The interest rate may be a topic to clarify with them.

3. Cooperatives
This is particularly common in Lagos, where groups of people, businesses, and organizations come together to put money together and finance construction projects. The payment conditions are flexible, and by working together they can buy land in large quantities, begin development concurrently, and protect the land rather than acting alone in a pack of wolves!

4. Sponsorship deals
When ancestral landowners (also known as omonile) with a sizable parcel of property wish to raise money for themselves, they occasionally collaborate with developers and sponsors to develop and sell their land. They then reward you with plots in proportion to the amount of land you really work on. Major real estate businesses like Landwey, Pwan, Veritasi, Revolution Plus, and others acquire large tracts of land in Ibeju Lekki and Epe in this way.

5. Joint Ventures
This is another method of financing real estate businesses and investments and usually it always involve two, three, or even more parties which are : The property’s owner (usually owned in a prime area or a massive expanse), the person or company interested in building infrastructure and developing the land or property, and the investor or the developer which are most times are one and the same, but occasionally, the investor gathers funds to either carry out the project or contribute to the project in exchange for an anticipated return upon the sale or rental of the property.

In conclusion, the vast opportunies the real estate present itself cannot be overlook or underestimate over others forms of investment because it is by far the most stable and peace of mind assuring because it always yield returns.
If you are on the lookout for investment to cash out big time as such as in real estate that appreciates in value, you can comment below or reach out to me on 08134960955 via Call/Whatsapp now.

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