East Otto (NY) commercial apartment / condominium building for lease, East Otto (NY) commercial real estate for lease or rent

A East Otto apartment or condominium building for lease may be available from an owner in East Otto (NY) 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 East Otto (NY) owner and make sure the numbers work.

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