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Updated about 7 years ago,
CoWork Space Financing Brooklyn
Coworking is probably the closest someone is going to get to buy/hold in Brooklyn, NY the way prices are going up.
I'd like to talk to someone about the ins/outs of financing a coworking space in Brooklyn, and how to sweeten the deal for an investor. I have a written plan and possible repayment schedule, and I'd like some feedback.
FYI - rent for a typical cowork space in Brooklyn is about $4k/mo.
I've written several blogs on here about the whole idea, and I just want to get started! Especially, with a good investor, who doesn't want to get his/her hands dirty, but wants some rent money.
https://www.biggerpockets.com/blogs/6454/43593-5-r...
https://www.biggerpockets.com/blogs/6454/44429-is-...
Thanks all!
Maryann