New Troy (MI) commercial apartment / condominium building for lease, New Troy (MI) commercial real estate for lease or rent

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

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