Hazel Park (MI) commercial apartment / condominium building for lease, Hazel Park (MI) commercial real estate for lease or rent

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

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