When should a business own versus lease?
Entrepreneurs know controlling cost and increasing equity is a formula for success and wealth creation, BUT many unwittingly ignore the opportunity to own their commercial real estate. Here are a few reasons if you don't own, you should consider these benefits:
1) More affordable than you think - We have programs that allow lower down payment and longer terms.
2) Appreciation - commercial properties have increased substantially over the past ten years.
3) Equity - With each payment you build equity versus money in your landlord's pocket.
4) Rental potential - You can lease a portion to offset cost.
5) Tax Benefits - allows deductions for interest and depreciation. Most experts agree if a company intends to be operational for at least seven years, then owning provides the better investment decision.
We can assist you in purchasing or refinancing your commercial property, simply contact: Michael@
email: mikeyourlender@gmail.com
No comments:
Post a Comment