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Updated over 2 years ago on . Most recent reply

User Stats

16
Posts
7
Votes
Varun C.
  • Investor
  • Wake Forest
7
Votes |
16
Posts

Commercial office Space Investment

Varun C.
  • Investor
  • Wake Forest
Posted

Investment Info:

Office Space commercial investment investment in Frisco.

Purchase price: $380,000
Cash invested: $80,000

Commercial Office Space - With 5 office rooms, a conference area, common area and front desk area.

What made you interested in investing in this type of deal?

First investment in the journey.

How did you finance this deal?

Commercial Loan through RBFCU

Lessons learned? Challenges?

Vacancy plays a major role and needs to be accounted more for CRE.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, did work with agents for renting it.

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