If you haven’t seen the latest web article yet, you need to. This is a great overview on using a master lease agreement to acquire commercial property.
If the seller is willing to consider this, it probably means the property is distressed. But, If you can come up with a good turnaround strategy, this type of deal can be a big win-win. The hard part is coming up with the strategy.
Glad to see this post today, it’s a great concept to share.
It was a good article. One thing people need to keep in mind is that a MLA gives you control, not ownership. A purchase option is a good item to include in any agreement. You don’t want to turn a property around without having your interest secured.