Final answer:
Investors and banks typically require a detailed feasibility study, income source information, credit checks, and potentially collateral like property or equipment before investing in or lending for a real estate project.
Step-by-step explanation:
Before investing in a real estate project, a bank or investor typically wants to see a comprehensive feasibility study. This study assesses various aspects of the prospective investment, including market analysis, financial projections, legal considerations, and potential risks.
Additionally, a bank may require a prospective borrower to provide detailed information about sources of income and undertake a credit check to assess past borrowing history. Some banks or investors might also require collateral, such as property or equipment, as security for a loan. This collateral provides a way for the bank to recover its investment if the borrower fails to repay the loan. Understanding these requirements and considerations is crucial for any potential real estate investor in the financial capital market.