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Updated over 4 years ago,
How to tell if Commercial Property is Financed
Hi everyone! I’m still fairly new to commercial property investing but I will be putting my first offer in on a self storage property later this week and I have a question. Does anyone know if there is a way to find out if the owner of a property is currently financing the property or if they originally paid all cash? I’m asking because I think I may be able to use this to my advantage when it comes to negotiating. Just wondering if there are any tricks out there with regard to finding this out without coming right out to the seller and asking them directly (which I’d prefer not to do).
Thank you!!!