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Updated almost 7 years ago, 01/10/2018
First commercial property help
okay so I have flipped one home that was easy I needed to buy my home for X and rehab for X and sell for X to profit X.
This new opportunity came across for me and I just don’t know how to make it pencil.
Building is
$150,000
Rents right now for 800 which I think is atleast 200 to low.
If I can’t make my mortgage on it 799 a month and it rents for 800 that’s a positive venture right?
Also do commercial loans go 30 years?