Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

12
Posts
1
Votes
Vijay Sid
  • Atlanta
1
Votes |
12
Posts

Looking to buy NNN investment property

Vijay Sid
  • Atlanta
Posted

I am looking to retire early and interested in purchasing a fixed income commercial property. I have been reading about NNN investment properties which will have potential to generate monthly income with limited or no landlord responsibilities. I have been researching around the web to find out about NNN leases and listening to prod casts as well.

However I am requesting help to find a good real estate broker who can help me to navigate through the process of buying NNN investment properties, help me with proper duedeligence process, understand the risk mitigation techniques if NNN goes dark, come up with a plan and exit strategy. Most of them require purchasing a million dollar or more NNN property, my budget is around 500K and will be taking a mortgage . I have called some of them and they require a minimum of 1 million investment, is it very hard to find a brokers who can help me with this kind of purchases.

Has anyone gone thorough the NNN process with lower investment amounts like 500K or less and had good results, what kind of pros and cons I may run into purchasing NNN properties. Is it hard or easy to get financing , if so how much down payment is required , do we have 15 or 30 years mortgages on the market. Does interest rates or higher when compared with traditional home market. Can you please share your experiences or provide guidance

I have been researching properties and finding out that most of the properties on sale has less than 5 years and then the options to renew? Is that a good investment to get in to, what sort of duedelegence is required. I heard terms like corporate guarantee, good credit rating, location etc. 

How hard is it to get a new lease in case tenant goes dark. The properties I was looking at are big national restaurant chains . What are the risk mitigation strategies.

Any help or advise is really appreciated.

Regards,

Vijay

Loading replies...