Long Lake (MI) commercial apartment / condominium building for lease, Long Lake (MI) commercial real estate for lease or rent

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

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