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

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

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