But the ones that did had very good W 2 so they had the cash and income to qualify for loans.

Look out for probable markets taking into account issues revolving around employment opportunities, population shifts, tendencies in renting out homes coupled with economic stability.

That part is normal for commercial mortgages; 5 year maturity is common, and 2019+5=2024 is why many are expecting offices to have a rough couple years.Net operating income (NOI) is net profit before the mortgage payment, and determines how big of a mortgage you can get. 

Glenn Item Cost Property Survey $2,000.00 Phase 1 $4,000.00 Appraisal $4,000.00 Title Search/Insurance $3,000.00 Attorney $10,000.00 Accountant $3,000.00 Property Inspection $5,000.00

I am looking forward to connecting and learning from those who are more experienced in doing passive income. 

A few tips:Make sure your friend sends an authorization to the underlying mortgage servicer allowing them to share account information with you in perpetuity.

If i give them a down payment and they finance the sale over 20 years, are the capital gains deferred or is it taxed at the income tax rate?

The result is after a year when the tax accessor associates the proper property taxes with your property, there is a decent chance you could have payment shock and your monthly bill rises significant (until you pay off the escrow account balance that is also likely causing this). 

Account Closed thanks for this example!  

Hello, I recently bought a small store just outside of LA, and my accountant was telling me if I wanted to save some money on my income taxes for next tax season, I should consider a Cost Segregation Study.