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Can You Take A Loan To Build A House, Then Repay Back With Rents?
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[QUOTE="Sherman198, post: 128037, member: 23031"] You got it my brother! This is exactly what some of these white people are doing. Imagine you get a loan worth of 15 to 16million naira loan. You get yourself not too expensive land maybe 800,000k to 1.5m worth of land, you know maybe 2-3plots....Then, you built 4bedroom flats, with normal standard materials, then rent is 400k or more per year. And your loan term is 15years, someone can still survive this but risky. What do you think? [/QUOTE]
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Can You Take A Loan To Build A House, Then Repay Back With Rents?
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