Lake Peekskill (NY) commercial apartment / condominium building for lease, Lake Peekskill (NY) commercial real estate for lease or rent

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

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