We have compiled a list of frequently asked questions from our clients, along with detailed answers. Whether you’re a seasoned investor or a first-time flipper, these Q&A resources provide valuable insights into our services and the real estate market.
Property Flipping is an investment product of Property Flipping Cooperative Multipurpose Society Limited, which leverages the power of collaboration to bring prosperity, wealth and a sense of accomplishment to its members through dividend sharing.
Property Flipping CMS is registered and licensed by Lagos State Chamber of Commerce and Industry.
Our Investment is backed up with a piece of land in any of our estate. However, upon payment to our corporate bank account, you get the following documents as security on your investment; Investment receipt, Investment Invoice, Acknowledgement Letter, Deed of Agreement, Post-dated cheque.
Yes, you can terminate after 180 days of the investment, with 40% administrative charges deduction from the dividend accrued, which is payable within 30 days.
Your investment is backed up by a portion of land, this portion of land which is equivalent to your fund with the cooperative will be allocated to you.
You will write officially 90 days before the maturity date of your investment, addressing your interest in retaining the piece of land, otherwise, you will retain the land at the current market price in addition to paying other charges.
We strongly advice that all payment be made to Property Fliping Cooperative Multipurpose Society Ltd account or issue a cheque in favour of Property Flipping Cooperative Society Ltd. The Cooperative shall not be responsible for any liability that may arise as a result of deviation from this instruction.
Yes, you can.
No, your capital and dividend will be paid together at maturity of your investment.
