Posted by Michael Morrongiello on February 14, 2008 at 21:47:57:
Actually its not…
Some commercial lease income streams can be sold (or even pledge for a loan). These are typically Triple Net leases with Strong A+ rated tenants (Blockbuster, Wallgreens, Safeway, etc.)
However most existing commerical leases with less< than A+ rated tennants are not marketable to most investors.
While there are some similarities to the discounting principles involved in determining the PRESENT VALUE of an income stream (like in discounting a seller held mortgage)- the actual animal itself - Commerical lease income stream VS a real estate secured income stream are far different.
Best to your success;