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

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

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