Commercial Condominiums Apartments, Buildings for Rent
Wales Center (NY) commercial apartment / condominium building for lease, Wales Center (NY) commercial real estate for lease or rent
A Wales Center apartment or condominium building for lease may be available from an owner in Wales Center (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 Wales Center (NY) owner and make sure the numbers work.
Wales Center rental properties make a great investment income, but having to pay large down payments for Wales Center (NY) property can eat up capital you may need for future repairs or Wales Center (NY) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Wales Center (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 Wales Center (NY) property for any bank holding or liens.
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