A commercial ground lease is usually defined as a lease of land (typically the land is not improved), for a relatively long term (e.g., 50 to 99 years), where all expenses of the property are the obligation of the tenant (e.g., taxes, repair and maintenance expenses, insurance costs, and financing costs), and which allows for tenant financing.
Mortgage On 1 million dollar house A reverse mortgage on a $1 million home might make sense – It might make sense to get a reverse mortgage even if the limits don't. The owner of a $1 million house, or a million dollar house, can't.
· Can you convert a commercial property into a residential property? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
How Long Will My Money Last Bankrate Retirement: How long will my money last? – Mar. 22, 2011 – (Money Magazine) — I have $200,000 earning 4% a year. If I start withdrawing $1,000 a month, how long will my money last?– Linda T., Bemidji, Minnesota Ah, the old "How long will my money last.
Due diligence is a comprehensive, complex, and critical stage in any commercial real estate acquisition. You don't want to leave any stone.
Sometimes banks will even consider a commercial loan of up to 75% ltv again, but the deal will have to be very, very strong. You are more likely to qualify for a commercial loan at higher than 70% loan-to-value if the deal is a purchase money deal (in other words, you’re buying the property).
A letter of intent (LOI) is the initial offer to the seller of a commercial property that you want to buy. The commercial real estate letter of intent should tell the broker and/or seller that you’re a serious buyer who is ready to close at the price and the terms you have spelled out, provided that you can work out the details of a contract.
Here's a list of some of the best commercial real estate websites to help. industrial, retail, multi-family, and land with options to buy or lease.
Buying commercial real estate is often a complex process. You’ll likely need to hire experts to help with some of the steps. Which and how many experts depends largely on the type of property you’re purchasing. At the very least, you’ll need to hire an accountant, commercial real estate lawyer, commercial realtor, and a mortgage broker.
An income property is a property you buy or develop to earn income. You can earn income through renting, leasing or price.
Buying commercial real estate properties or businesses in Costa Rica is not a. Residential land ready to develop condos or homes over looking the Four.