Posted by John on April 02, 2006 at 17:37:08:
It depends.
You do not give any info here.
I would jump on it if the building was 50K but would pass if it was 6 mil.
More info is deffently needed. You my try on the commercial board instead
PROFITS UP TO $15K - Posted by Monique
Posted by Monique on April 02, 2006 at 14:51:04:
Would you purchase a commercial property with a net profit of atleast $12K- $15K a year after debt service? Taxes and insurance are higher (main drawback), but this is the basic profit after debt service.