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Updated over 6 years ago on . Most recent reply

User Stats

73
Posts
61
Votes
Sheila Campbell
  • Rental Property Investor
  • GA
61
Votes |
73
Posts

Buying a shopping center (commerical property)

Sheila Campbell
  • Rental Property Investor
  • GA
Posted

Hey! Next Wednesday I have an appointment to look at a shopping center that's been on the market since Jan 2016. I'm curious as to what questions I should be asking and any general advice. Thank you

Most Popular Reply

User Stats

884
Posts
670
Votes
Justin Tahilramani
  • Rental Property Investor
  • Fayetteville, NC
670
Votes |
884
Posts
Justin Tahilramani
  • Rental Property Investor
  • Fayetteville, NC
Replied

There seems to be some red flags here. Why would he consider owner financing a $4M property (to include the down payment). That would leave you with very little skin in the game. Do you have any experience with acquisitions of that size/magnitude? Its a big leap to take if you don't have experience, or someone that you trust advocating on your behalf.

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