Monday, December 28, 2009

Commercial Property Building Insurance Lease To Purchase On Commercial Real Estate?

Lease to purchase on commercial real estate? - commercial property building insurance

I am looking for a building, a bar / club. The seller of the property has the opportunity to rent or buy. He hoped to create a rental agreement "with the intent to purchase" for the settlement. If the selling price of the property is $ 250,000, a reasonable rent? Who pays for improvents in and turn on the outside who has to pay property taxes and insurance on the building? Should I receive discounts for continuous improvement, involving the construction (including adding bathrooms, a bar, a DJ booth-making) to? What it will be difficult to obtain a permit unless the owner of the building? What are some websites or sources of "hire purchase" agreements and, above all, the building may be historic and living in an "Empire Zone" Enterprize area (upstate New York project to gain tax breaks to business). Any help or advice would be very grateful. Thank you!

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