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

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

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