New to commercial RE

[Prisha Acquesta]

Hi All,

I am new to commercial RE and have been involved in residential for a while. I am trying to understand the pros and cons of commercial vs residential. I am evaluating a few speciality properties that have absolute net leases of 15 yrs and that have a cap rate of 6% or higher.

As you can probably guess from my questions, I don't yet have a plan for these. My goal is to build wealth and create an income producing property over the long haul.

Here are some of the questions that I am wondering about:

1) What can I do with a speciality property after the 15 yr lease ?

2) Incase of an economic recession , do prices of commercial RE drastically reduce?

3) How much loan do banks offer on these and if you have any recommendations for lenders

4) What are some of the  things I should consider when evaluating a commercial property.

Thank you,

Prisha