Of all the types of structures to build, the argument of merit aside, a bunker tends to be the most complex and as such, the most expensive.
Here are some suggestions to help fund building one.
Much like you can take a loan out to purchase a home, you can also finance a bunker with the help of specialized lenders. Certain lenders will extend financing in the form of an FHA Title 1 Home Improvement Loan or unsecured loan. While you’ll be hard pressed to find a lender willing to finance a bunker that costs $100,000 or more, you should be able to secure enough funds for a basic bunker in the $30,000-$50,000 range.
Another option is crowdfunding. There’s something about building a doomsday bunker that’s appealing to crowdfunders. It strikes an emotional chord with many and can be viewed as an opportunity to help others establish a safe and secure future. There are many different types of crowdfunding platforms, but targeting one that focuses more on personal funding (as opposed to business and startup funding) is ideal, as this will help you reach your target market.
Setting Aside Money Each Month
Another option is to gradually set aside money each month in order to build a fund for your doomsday preparations. This is exactly what American Preppers Network co-founder Phil Burns has done and continues to do.
Burns suggests setting aside as much as 20 percent of your income for preparations. This money can be used towards the purchase of a doomsday bunker, guns, food, and other supplies. It’ll take time, but there’s nothing more satisfying than knowing you’ve done it all on your own.
Each of these has obvious drawbacks – but each includes options that if you address the drawbacks, you could secure at least a portion of the funds necessary for your survival shelter.
To learn more about building a survival shelter – above or below ground – and funding it, check out American Preppers Network.
Featured Image via Ready.gov