I rent, and have rented my offices for years , never have been overly pleased, now to learn that the floor beneath mine has a new occupant pending and it is less than desirable. This is the impetus to pick up an idea froma few years back… to buy a location rather than rent like traditional. The math seem simple… and the market for buying without first having to sell… is a ripe opportunity to make a great deal. I have found desirable properties and have considered them…. For the @5K in rent paid per month…. and the ballpark investment Id make in something certain to rocket back in value … is 500K…. This says to me that the carrying is a no brainer, as my company is the built in tenant… and the loan payment is likely to be a bit less i think?… For SouthEast Florida… downtown location freestanding commercial zoned office… what should i know about commercial financing?… what would be considered the expected deal… the super deal?…. the bad offer? I would not know
thanks for the help…. what are the options for less down… with vertifyable assetts, stability, credit and all the supporting documentation..? I’d hoped to make an effortless transition…. not have to come out of pocket in as much as is possible.
is it different if bought as an individual… with again, all required on paper qualifiers… as well as a immediate and indefinate tenant for the place….
there are significant impacts to liability, indv. vs company aquired… but which would be easier and smarter..?
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