Lenders are increasing the debt service coverage for many types of commercial property. This is important to note when buying commercial real estate because this can effect the amount of down payment needed to close a deal. Proper due diligence will save you time and money.
Some potential commercial properties will entice you with an attractive cap rate but these numbers can be deceiving. In analyzing a property's cap rate one must use realistic data for that local market. Gathering as much information as possible about a perspective property is vitally important in order to avoid surprises.
Axis Info Inc. provides buyers with comprehensive due diligence reports as well as commercial financing.
Axis Info Inc.
508-507-9539
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