Example: the Seller signs a new laundry cotract and take k up front as a Bonus and agree to laundry income split 80% to the laundry company and 20% to the owner … instead of a more favorable split arrangement.
What type of commercial property are you refinancing? Different building types of vastly different terms. 80% loan to value on a stated-income restaurant deal will not fund while an 80% loan top value on an office building will. The property’s zoning will dictate into which tier your property fits.
It is important that the particular property that you are going for is near to places such as hospitals, airports, bus stops, academia and others. Since, metro has come as a boon for people, you should make sure that the office property is near to metros. It will be easier for your people to commute from cities like New Delhi, Noida and others. While you are searching for an apt office location, keep in mind the employee base. This will help you to analyse the size of the office required. You should also keep in mind the budget limit. At Gurgaon, you can find office property in all budget limits. In addition, you can even take up office for lease. What more, you can get are Privy, Boulevard and much more.
Apply for as many grants as possible. You can submit applications electronically by applying online at various government websites. You can also find many private institutions that offer free grant money. When you think you’ve filled out every available grant application, search again. There are literally thousands of available grants that are waiting to be claimed by small businesses everyday.
Auctions are a good source of properties but you have to know first how it all goes, from beginning to end, basically the whole process. Bing familiar makes it easier for you to win the bid and come out successful. You can also go to auctions and just make observations if you are not yet ready. This is a good way to familiarize yourself with auctions.
Listing a property can be a complex thing. Importantly it should be accurate and professional. Understand the market and the property type to make every listing a positive experience.
Repayment of the borrowed amount ranges conveniently in 5 to 30 years. But you should not carry the loan repayment for larger duration as it will make you pay high overall interest payments.
OYou can find advertisements for commercial space listed in newspapers and business magazines. From these ads you can glean the basic information like location and size. Take the telephone number listed on the ad and call the owner to check out the property personally.