Jennifer Mullen
Renting to Church of Latter-day Saints - missionary tenants
Does anyone have experience renting to the LDS church or others that have missionaries? I need to know how to word my lease agreement. They said we should name the church corporation. Normally you would have the tenan...
Diem Tran
Commercial tenant screening?
How would I go about screening prospective commercial tenants? I tried searching this topic on BP but so far, haven't found a discussion. So does it not exist or is it no different than residential tenant screening,...
Fatime Perazic
Advice on acquiring next door property
Hi everyone and Happy Holidays!My fiancé and I have a property in Pittsburgh and there are four adjoining properties next to us that we want to acquire. However we came to find out that the church across the street fr...
Elier Roman
Buying a Church in Elgin, IL?
Hello everyone,
I have an odd question trying to help a friend. He is currently on the search, on finding a building for his church. He was told that he needs a 2-year probation period of track his non for profit inc...
Account Closed
Property with no official right of way
Hi, I purchased a property without seeing it, from a bank foreclosure sale. Finally, after 4 months, I get out to see it and it’s way better than I imagined! The driveway goes through an old abandoned church propert...
Curt Riffel
My Church wants to sell its building - what are the considerations?
My Church as a building has been around for over 100 years. The location and land value are really good. It is in the downtown area of a major suburb adjacent to a park, municipal buildings, multifamily new builds, SF...
Jorge Leon
Can a commercial building be financed at a higher price that the appraised value?
My father has a commercial building in a very busy street in Chicago. A church is currently leasing it for $5,000 a month. The church people asked my dad if he would sell them the building. They would have to finance....
Robert Hastings
buyer asked me to hold the note...how does this work?
my brother and i purchased a property last year for 40k. we have a church interested and we named our price, 69k. they asked me if i could hold the note and they would pay 1500/month over the next 48 months. that w...
Adrian Wooten
Unable to receive funding due to Church as a tenant?
Hello,I found a really good deal on a small 3 unit commercial property but the hard money lenders that I reached out to stated that they would not lend to me because the property has a church as one of the tenants. Is...
Glenn Harrison
Old Church Building Advise; Sell, Rehab, or Other?
My church has a 100+ year old building (original church) that is on less than 2 acres which includes a cemetery across the street from our current building located in JeffersonCounty, MO. The building is about 4,00...