HOW TO BUY PROPERTY IN NIGERIA WITH NO MONEY DOWN

How do you own a property with no money down in Nigeria. If you have been missing opportunity in real estate, this is a video just for you if you have been missing real estate market opportunity.

1. Look For A Cashflow Deal: I mean to say, a deal that affords you rental income... Note that I didn't mention Flipping properties or looking for property you want to sell. The best strategy for you is to go for properties with good cash-flow. You don't want to do a deal that would make you go broke, you want a deal that can make you enjoy consistent income. So you must look out for cash-flowing deals.

2. Do The Math Well: What is the worth of the property? How much would it take you to renovate to build the project? How much are you going to rent the property for? How many years would it take you to make your money? You need to do the real estate math to consider if a deal is good enough for you.

3. Who's Got Your Money: Somebody has your money... Somebody has the money you want to pull that property deal off. Your job is to look for that person or group of persons before you approach them. Figure this out... This is probably where you need to devote most of your strength. Find out who is in possession of the money you want to use to facilitate the deal. Begin to look into your contact that you can convert to a contract.

4. Present An Offer: Present an irresistible offer that cannot be rejected... You want an offer that the investors would not reject... Give high value... Some people say you should not give an offer that is too good to be true... I don't believe that clap-trap. I believe you should give sweet deal... as long as you have figured out that in your cash-flow math. You can give up to 1000% if you have done your math well.

5. Sell to the Seller: Give an offer to the seller: Make a deal with the property seller to allow you use the property for a period of 6-12 months and increase the purchase price that you agreed. If the property you negotiated at N50million, offer the seller 55million naira and even offer a non-refundable capital of even five million naira which you must had already raised from your first investor. Give an offer that would make the seller hand over the property to you. The idea is to make the property owner give you a deal.

6. Work On The Property: Now you already have the property, go to work so you can pay off the property owner
There is nothing called no money down... the focus is to look out for something you can give in exchange

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Видео HOW TO BUY PROPERTY IN NIGERIA WITH NO MONEY DOWN канала Coach Chudi