New Douglas (IL) commercial apartment / condominium building for lease, New Douglas (IL) commercial real estate for lease or rent

A New Douglas apartment or condominium building for lease may be available from an owner in New Douglas (IL) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the New Douglas (IL) owner and make sure the numbers work.

New Douglas rental properties make a great investment income, but having to pay large down payments for New Douglas (IL) property can eat up capital you may need for future repairs or New Douglas (IL) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your New Douglas (IL) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the New Douglas (IL) property for any bank holding or liens.