Commercial Opportunity in my neighborhood

[Melissa S Vrobel]

Hi BP community,

I love my neighborhood and have two SFH and my primary there. I found commercial building on LoopNet and want to explore buying it. I read their NOI statement and know that it is not correct. Living there I happen to know several tenants aren't paying and there is no restaurant currently there and hasn't been for years. I am looking for some advice on how to move forward. I have a few commercial realtors that I reached out to, but thought that this community would be great to reach out to as well.

It is over 2M so I am guessing that a small bank won't take it on.  Half of my net worth is in the equity of my two rentals.  The rest is mainly 401k.  I also would be interested in partnering, but not even sure how to start.

Any articles, blogs, info welcome!

Cheers,

Melissa