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Vacant office buildings in Tampa
I am looking at a few listings of professional office buildings with very high vacancy in Tampa FL. It is well located and I have capital for 50% downpayment. I have no idea how lending in these type of properties work. Can anybody point me to the right direction in terms of resources to know more?
Also, any commercial real estate agents or property managers in the group who specializes in office space who live in Tampa?
Would love to connect!
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Originally posted by @Bernard Sanga:
I am looking at a few listings of professional office buildings with very high vacancy in Tampa FL. It is well located and I have capital for 50% downpayment. I have no idea how lending in these type of properties work. Can anybody point me to the right direction in terms of resources to know more?
Also, any commercial real estate agents or property managers in the group who specializes in office space who live in Tampa?
Would love to connect!
It’s going to boil down to your financials and experience. The more experienced you are and the stronger you are the better the terms. You will want to shop multiple lenders as they all have different appetite for these loans.