Posted by Chris on February 02, 2001 at 09:14:36:
Sheldon. Need to gather more info on the property, then head to these parts of CREOnline-
Try the financing forum at http://www.creonline.com/real-estate-financing/wwwboard6/index.html
or the Commercial forum at
If you could, include when you post there the current debt amount on the property, as well as income/expenses. Is $260K a good price for this?
What is the lowest offer the seller will take if you can pay him cash and close quickly?
This article should also be helpful to you: