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Updated over 5 years ago on . Most recent reply

Martin Nowak's profile image
Martin Nowak's profile image
Martin Nowak
  • Investor
  • from Columbus, Ohio
  • Member since Sep 23, 2016
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User Stats

34
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11
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Martin Nowak's profile image
Martin Nowak's profile image
Martin Nowak
  • Investor
  • from Columbus, Ohio
  • Member since Sep 23, 2016
Connect
Martin Nowak
  • Investor
  • Columbus, OH
11
Votes |
34
Posts
Commercial Real Estate Investing

Leveraging Real Estate

Martin Nowak
  • Investor
  • Columbus, OH
Posted

I need some experienced advice. I have a piece of commercial property I acquired with the intentions of building a beer garden. I want to build a 2000sq ft building. My rough estimate is 400K to do so. Or my other idea is to build the building larger with apartments above.

Currently, I own 5 rental properties, 2 of which are paid off and the land which I carry 103k on. I’d really like to leverage the equity and build a building but my cash flow is weak since I have a son in college.

Thoughts?

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