Grosse Pointe (MI) commercial apartment / condominium building for lease, Grosse Pointe (MI) commercial real estate for lease or rent

A Grosse Pointe apartment or condominium building for lease may be available from an owner in Grosse Pointe (MI) 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 Grosse Pointe (MI) owner and make sure the numbers work.

Grosse Pointe rental properties make a great investment income, but having to pay large down payments for Grosse Pointe (MI) property can eat up capital you may need for future repairs or Grosse Pointe (MI) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Grosse Pointe (MI) 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 Grosse Pointe (MI) property for any bank holding or liens.