How to Invest in Real Estate in Nigeria with Little Money
Everyone I have met desires to own land or properties in various locations and other parts of the country, which is considered as one of the achievements of life.
But while you desire to own as many real estate investments, you couldn’t even own or buy half plot in your desire location because of funds short.
Not to worry I have a system and technic you can utilize to invest in real estate in Nigeria with little money or with no money.
While you found this post useful and ready to start, remember that it boils down to your desire to achieve this and make your dreams come true.
In this post, I am going to show you how to invest in real estate with little money.
Working as an Independent Marketer for a Real Estate company
This is a method or strategy you can use to become a real estate investor whereby you sell reputable real estate products (Plots of land or houses) and use the commission and bonus attached to acquire land within the real estate company.
You can adopt this method to invest in real estate in Nigeria without little money or no money at all.
Some real estate companies within Nigeria setup marketing strategies like this. When you refer a particular client to them you get to earn a commission but why not set up a system and tell them while you refer you get to own land in one of their cheapest estates.
Other People’s Money (OPM)
- What is OPM?
The other people’s money is a way to pay for real estate investment opportunities without using or seeking finances options from a bank or mortgage lending company.
You use private lenders like your friends or family members. These types of private lenders are most often silent partners that have the money to invest in real estate in order to benefit from the financial return.
However, they usually don’t have the time or interest in doing the work of real estate investing.
- One Simple Way to Use OPM
Using Private Money
If you have a good high networking group that includes friends, colleagues, or family members with deep pockets, you might be able to raise money from individuals and pool these resources to pay for your real estate investment.
Some private money typically comes with strings attached.
When you are starting out in real estate investing but don’t have the money or credit to finance the deals, seek out opportunities to invest with other people’s money. This is a win for both parties.
With dedication and hard work, you can achieve this by investing in real estate in Nigeria with little money or no money at all.