Water Mill (NY) commercial apartment / condominium building for lease, Water Mill (NY) commercial real estate for lease or rent

A Water Mill apartment or condominium building for lease may be available from an owner in Water Mill (NY) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the Water Mill (NY) owner and make sure the numbers work.

Water Mill rental properties make a great investment income, but having to pay large down payments for Water Mill (NY) property can eat up capital you may need for future repairs or Water Mill (NY) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Water Mill (NY) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the Water Mill (NY) property for any bank holding or liens.