Long Island (VA) commercial apartment / condominium building for lease, Long Island (VA) commercial real estate for lease or rent

Long Island (VA) apartment and condo buildings are sometimes great investments as they can be leased in part or in whole to a single tenant or several tenants. If the whole Long Island building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Long Island (VA) apartments or condominiums.

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