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Updated about 8 years ago,
Purchase - how to fund commercial land/building
Hello, I am new, as in I have not began in RE investing yet. I do own my own small business. I am looking to expand and have a lot of ideas but don't know how to get started. I am looking for a mixed property where I can have small amount of retail, warehouse space, and an area for indoor sporting practices. I am looking at about 12,000sf in direct line of site of I-5 just South of Portland, Oregon. I would like roughly .5acres where the building sits for parking etc.
I have just over 2 years worth of tax returns as a business but sales $ are not impressive at this point. I would like to purchase/lease land with a building on it already and I would convert it to my needs. What is the best method of moving forward? I don't have a down payment but have great credit score/history.
Any advice on a first step would be great.
Thanks,
William Wilson