HI,I have a lead looking to sell their property in the DFW market. The lot is 15k square feet with a commercial building on the lot. How would one evaluate this property? Thanks in Advance

HI,I have a lead looking to sell their property in the DFW market. The lot is 15k square feet with a commercial building on the lot. How would one evaluate this property? Thanks in Advance

I mean prime rate is 5.5.. banks which are the lowest priced lenders for commerical loans are at 1 and 6.5    so you have 100% financing which does not happen on the internet.. rates way below reality and you send off your 1520 and its gone.Google  American Greeds website then watch the episode on Remington financial they were the mother of all pump and dump due diligence schemes.. but now its on social media with those that simply dont really understand ( and why would they if they are new to this) what reality is vis a vi rates and terms on flip loans or portfolio loans.

which trec form do i use - umimproved commerical lot - or unimproved lot contract , planning to build apartments - looking for an example -i am real estate broker looking , i usually do residential only -- 

Although not impossible on the 2-4 unit small multi family side, you would find it a lot easier to find B class commerical multi family properties in order to invest in and make a profit off of. 

If you are looking for commercial real estate check out the following websites:https://www.loopnet.com/louisiana/new-orleans-comm...https://www.lacdb.com/commercial-real-estate/louis...https://www.cimls.com/louisiana/new-orleans-commer...

Investment Info:

commercial investment investment in Northglenn.

Purchase price: $1,000,000

Sale price: $4,225,000

39,495 sqft shopping mall purchased for $1,000,000 and sold for $4,225,000 in 4.5 y...

My primary concerns obviously are should the dentist leave filling that empty commerical space could prove to be difficult, however it could always be converted to a residential unit.

I would then have the commerical real estate cash flow (I am 54 years old)  and additional funds to invest. 

However, you can only get a Commerical loan when you hold title as an LLC so consider buying in your personal name and putting in LLC after.