Real Estate Investing Tip & Investing for Big Gains – Residential to Commercial
One of my favorite types of investment finds for my clients is locating an older residential property in an area that has been surrounded by commercial properties. You buy it at a residential rate then re-zone into a commercial property. Of course the property has to be renovated to accommodate commercial use but the increase in equity you will gain can be huge. These don’t come around often but when the do snatch them up quick. Many times a lender can work into the loan the rehab costs so you can get started on construction quickly after closing. #realestateinvesting