All Forum Posts by: Anas Juma Milbes

I have a property under contract that has enormous value split up. As it stands, not so much. Just too much property. It has a rv park, pond, 4 smaller buildings, a 10k sqft office building and 20k sqft church on 20 acres. 

How can I structure this deal with a leasehold so I can retain the property but give the church and law first a great deal. I negotiated the deal down to the price of the office building alone. Down from 2.1M. 

Law office wants offices and has cash 

Church wants big building and because well it’s a church they don’t pay property taxes. 

Do I own all 3 and do leaseback? 

Or split them off into 2 sell the office to fund the deal and keep church and rv park?