Welcome to the 11 Capital Finance Saturday Morning CRE Lending Learning Series.
Money made through homeownership is often unintentional. The same opportunity exists for small businesses, but few entrepreneurs take that leap. Running a business is challenging enough, why add the headache of owning the property?
Consider our retailer: He receives a call one day. The landlord has died. The executor wants to know if our business owner is interested in buying the building. Since our retailer invests his bonuses wisely, no question he has the cash to make a down payment.
The important question is: will the purchase of the building have a positive or negative effect on the financials of our business owner? How far out ahead will he be after 10 years?
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Each week, 11 Cap will bring you insight into the world of real estate and lending so please tune in. Anything you would like us to cover please PM me or send an email. #realestate #businessowner#property