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Nairaland Forum / Nairaland / General / Properties / Purchasing Lockup Shops With Mortgage (315 Views)
3 Lockup Shops For Sale In Port Harcourt / Prices Of Apartments Of The Lagos State Housing Mortgage Scheme / Selling Now!!! Over 350 Lockup Shops For Sale At Araromi,gbagada Lagos (2) (3) (4)
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Purchasing Lockup Shops With Mortgage by cestmoi2: 11:50am On Aug 13, 2015 |
Hello Nairalanders, I got to hear about the Aswani Market advert for Lockup shops. I like the concept and I am talking to some finance institutions already for Mortgage to allow me purchase. I have never done anything in the Lockup shop market, but this looks like a viable business to me. I need advise on the intricacies of this kind of business and I need to hear thoughts of people with experience. For instance, if I purchase land, I would have to develop, manage omo-onile, etc etc. But with, this, I can earn from the traders who rent, while I pay back monthly. In a mid/long term, I can sell the shop(s) for profit and be able to construct a house in any area of choice, and also by then I would have more funds at my disposal . . . |
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