Presque Isle (MI) commercial apartment / condominium building for lease, Presque Isle (MI) commercial real estate for lease or rent

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

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