
There are a number of ways for an aspiring property developer - even one who doesn't have a lot to spend-- to get started. Along with individual savings and investment, two standard sources of financing for a venture are loans and investors. A common structure for a development project is 50-80 % debt and 20-50 % equity investment. For credibility and to ensure that there is motivation for the developer, equity investors usually ask a developer to co-invest. Most invest between 5 and 15 % of the cost; a higher investment means more direction and lower rates....