Well, if you do, then you might be interested in reading this blog. I recently closed on a commercial, strata titled office/ warehouse property in Richmond, BC. Great property; only 5 years old, a nice sized warehouse on the main floor, and a small office on the second floor. To make it even better, I’m 99% sure that the last tenants used it as a porn studio. Since I’ve purchased lots of residential real estate over the past ten years, I figured that this would be easy. The lender only looks at the property, not the borrower in the commercial real estate world, right? Well, this is certainly what I was lead to believe by most people out there, but … Continue reading
Posted in Tales from the trenches | Tagged commercial, financing, real estate, strata, warehouse | Leave a comment