Wanting information on Commercial Real Estate
Hello,
I am currently working with a friend of mine to open our own retail business. I have also found that the building we are looking at renting through is up for sale. I have been thinking of buying it because I feel it is not being managed all that well, first off the owner has yet to answer our letter of intent that we filled out a week ago and our agent gave him until the following Monday 3 days later to answer. So obviously he is out of town, and is hard to get in touch with. My problem is, I do not know how to go about doing this deal because it is currently listed with an agent here in town. I have read the NO to Low money down book By Brandon Turner and I have thought about the MLO, but I have also thought about just a Lease with the Option aspect. What are your thoughts and can anyone give me any help with this idea.