How To Buy Income Streams In Commercial Property
In commercial property, there are good deals and there are bad deals. Securing the right property and structuring the deal is a key part of any acquisition.
A no money down deal refers to a deal that provides income day one. Here are some highlights from a real-life case study:
- The property was on the market for £340,000
- Evaluated at £280,000
- Bought for £240,000
- 13 existing income streams
- Money in the bank day 1
A debt reduction strategy was implemented and it used an amortizing loan which will take 15 years to clear out. The loan cost is £700 a month and the income is £2,800 which secures over £2000 net income monthly.