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Updated almost 4 years ago,

User Stats

7
Posts
7
Votes
Joshua Doherty
  • Real Estate Agent
  • Greater Hartford, CT
7
Votes |
7
Posts

Creative Commercial Financing

Joshua Doherty
  • Real Estate Agent
  • Greater Hartford, CT
Posted

I'm looking at a commercial building for sale in Eastern MA that's being advertised for Owner Use - i'm guessing they want someone to finance it with a SBA loan because only 1 of the 3 spaces are currently leased and the building needs some help. In CRE world I dont believe the building would appraise seeing as its probably in the red (could be wrong). There's lots of potential seeing as it is in a great part of a nice town. Has anyone ever used a master lease agreement to turn the property around or seller financing?