North Bay (NY) commercial apartment / condominium building for lease, North Bay (NY) commercial real estate for lease or rent

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

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