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Updated about 6 years ago,

User Stats

23
Posts
4
Votes
Ned Micic
  • Wayne, NJ
4
Votes |
23
Posts

Building up on my mixed use property

Ned Micic
  • Wayne, NJ
Posted

Hi Everyone,

Last year i purchased a mixed use property 2 stores / 2 apartments. The property is a one floor property with the stores in front and the apts on the side. I got a killer deal on the property so i was very happy about that. I have some cash from another property i sold at a 45K profit and was thinking about adding 2 more floors to my mixed use property. I was wondering if i could build on top of my property is the whole property is occupied? Will something like this be an issue since both stores and both apartments are occupied? Has anyone else been in this situation before?